For Sale

$1,499,999

66 WELLINGTON STREET S , Hamilton (Corktown), Ontario L8N2R1

7+2 Beds 9 Baths

Remarks

Turn-Key 9-Unit Multiplex Prime Investment Opportunity! Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $151,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike. Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential. Property Highlights :Gross Annual Revenue: Approx. $151,000 Renovated Units: Modern finishes and upgrades throughout Excellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio. (id:7526)

Property Summary

  • Neighbourhood: Corktown
  • Lot Frontage: 36.6 Feet
  • Lot Depth: 134.5 Feet
  • Lot Size: 36.6 x 134.5 FT
  • Bedrooms: 7+2
  • Bathrooms (Total): 9

Property Features:

  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Sewer:
    Sanitary sewer

Building Features:

  • Basement Development:
    Finished
  • Basement Type:
    N/A , N/A
  • Building Type:
    Other
  • Cooling Type:
    Wall unit
  • Exterior Finish:
    Brick
  • Foundation Type:
    []
  • Heating Fuel:
    Electric
  • Heating Type:
    Baseboard heaters

Office Listing: 

SANAD NABUT , Salesperson

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