Property Description

Rare opportunity in prime West Hamilton – Investment Property with approx +$315,000 Income; +$104,000 Net Income, and Approx +8%% CAP Rate! Located in prime West Hamilton location, between McMaster University, McMaster Innovation Park, Hwy 403, and fast appreciating Hamilton core/Bayfront area. Over 6000sqft total area, solid brick building with many upgrades for efficient and turn-key operation, including but not limited to LED lighting, fencing, beds, front door. Recent fire inspection complete. Licensed Residential Care Facility with 18 bedrooms and 8 bathrooms – steady income. Includes property, building and business. Previously used as apartment building. Do not go direct. Showings Thurs to Sun 4pm to 6pm. Please contact listing agent for more details. Prime real estate investment – call today to see.