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X5306967
$1,249,000

16 Strathcona Ave S (King Street West)

Price: $1,249,000

Status: For Sale 

MLS®#: X5306967

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$1,249,000
  • Tax: $4,783.84/Annual (2021)
  • Community:Strathcona
  • City:Hamilton
  • Type:Commercial
  • Style:Investment
  • Bath:4
  • Size: 3,500 Sq Ft
  • Basement:Y
  • Age:100+ Years Old

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsMunicipal

Listing Contracted With: SOTHEBY`S INTERNATIONAL REALTY CANADA, BROKERAGE

Description

This Beautiful Grad Student Rental Property Offers Huge Cashflow (Over $5500/Month W/4.5% Cap), W/Added Benefit Of Zoning For Up To Five Units. Community Support & Conditional Site Plan Approval Were In Place. Location And Rentability Are Second To None - On Lrt Route! Has Commercial Fire Alarm, Basement Walk-Out, Etc. Great Opportunity To Purchase A Strong Cashflow With Excellent Tenants And Turnkey Development Project At The Same Time.


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Power Realty Organization

Patrick Power - Broker of Record

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