66 WELLINGTON STREET S , Hamilton (Corktown) Ontario L8N2R1

Sale $1,489,900  | 
Listing # X13880250
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Lorne Howell

Lorne Howell

THE INVIDIATA TEAM #1 Luxury Team in Canada

Phone: 905.339.3444
Mobile: 416.886.0702

lorne@invidiata.com
http://lornehowell.com

RE/MAX Aboutowne Realty Corp., Brokerage (Independently owned and operated)

Brokerage

A - 309 Lakeshore RD EAST
Oakville,  ON L6J 1J3

Remarks:

Exceptional opportunity to acquire a fully tenanted 8+1 multiplex in Hamilton's desirable Corktown neighbourhood, generating approximately $151,000 in annual gross rental income.This substantial three-storey income property has undergone extensive renovations and offers updated units with modern finishes, providing investors with a low-maintenance and income-producing addition to their portfolio. Tenant amenities include private balconies and patios, on-site laundry, separate unit entrances and a finished basement.Situated on a deep 36.6 134.5 ft lot in a high-demand central location, the property is just minutes from downtown Hamilton, the Hamilton GO Centre, major transit routes, shopping, restaurants and everyday amenities.With strong existing rental income, full occupancy, recent capital improvements and excellent long-term potential, this is an outstanding opportunity for both experienced and first-time multifamily investors.Financial information and supporting documents are available to qualified buyers. A minimum of 24 hours' notice is required for all showings. (id:7526)

Investment

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