Property Description
Rare Commercial/Residential opportunity in prime Hamilton location, with approx $141,000 annual income and approx 7.6% CAP Rate! Totally redesigned and restored building, all new mechanical systems, structural, wiring, plumbing, windows, insulation, HVAC, kitchens, bathrooms, LED lighting – fine luxury finishes. Approx $700,000 invested in renovations alone in past 2 years. Upscale commercial/residential property with approx 5938sqft total building area (approx 4148sqft total area above grade). Ideal location, steps to future LRT stop, Royal Connaught condos, office towers, major banks, and several other significant developments in the area, which are driving continued growth and traffic for retail value. 3.5 levels above grade, with high ceilings in lower level. Main floor and lower level commercial, with 2 large and luxurious apartments on upper 3 levels. Spectacular apartments feature an open concept floor plan, king sized master suite, gorgeous hardwood floors, quartz countertops, brand new appliances and fixtures. Amazing city views from large picturesque windows and huge outdoor decks. D2 Zoning.
Property Details
Property Type
Commercial
Community
Beasley
SQFT
5,938