122 VICTORIA N Avenue, Hamilton, ON L8L 5E5

  • $1,895,000
  • $1,950,000
122 VICTORIA N Avenue, Hamilton, ON L8L 5E5
Active For Sale
122 VICTORIA N Avenue, Hamilton, ON L8L 5E5
122 VICTORIA N Avenue, Hamilton, ON L8L 5E5
  • $1,895,000
  • $1,950,000

Overview

Property ID: HZX10441654
  • Investment, Commercial Sale
  • Property Type
  • 9
  • Bedrooms
  • 6000
  • Sqft

Description

Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Situated in the heart of Hamilton’s Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged. Financials available upon request. Appraised for $2,050,000 in 2024.

  • Address 122 VICTORIA N Avenue
  • City Hamilton
  • State/county ON
  • Zip/Postal Code L8L 5E5
  • Country CA

Details

Updated on February 24, 2025 at 10:25 pm
  • Property ID: HZX10441654
  • Price: $1,895,000
  • Property Size: 6000 Sqft
  • Bedrooms: 9
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Roof: Asphalt Rolled
  • Utilities: Yes
  • Sewer: Sanitary Available
  • Cooling: Partial
  • County: Hamilton
  • Property Type: Commercial Sale
  • Community Features: Major Highway,Public Transit

Features

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