65 MOUNT ALBION RD #1-8, Hamilton, ON L8K5S5
65 MOUNT ALBION RD #1-8, Hamilton, ON L8K5S5
65 MOUNT ALBION RD #1-8, Hamilton, ON L8K5S5
65 MOUNT ALBION RD #1-8, Hamilton, ON L8K5S5
65 MOUNT ALBION RD #1-8, Hamilton, ON L8K5S5
65 MOUNT ALBION RD #1-8, Hamilton, ON L8K5S5
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 2,399,900
Est. payment | /mo

24 Beds

16 Baths

1,068 SqFt

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$ 2,399,900
Est. payment | /mo
Save Virtual Tour

24 Beds

16 Baths

1,068 SqFt

Key Details

Property Type Multi-Family, Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1068

Square Footage 1,068 sqft

Price per Sqft $2,247

Subdivision 281 - Red Hill

MLS® Listing ID 40872889

Bedrooms 24

Year Built 1984

Lot Size 0.712 Acres

Acres 0.712

Property Sub-Type Condominium

Property Description

An exceptional and highly versatile investment opportunity awaits in a prime Hamilton location with this unique real estate package, featuring eight contiguous condominium units on Mount Albion Road offered entirely as a single portfolio block. Identified legally under Wentworth Condominium Plan Number 302, this entire multi-unit row asset consists of units one through eight, presenting a rare chance for a savvy landlord or investor to command a significant portion of an established condominium community. Three of the units have been completely renovated and are ready for immediate occupancy or premium rental rates, while the remaining five units provide an excellent value-add proposition through personalized updates and strategic renovations. According to the structural and exclusive-use framework verified in the registered plan of survey, each individual property benefits from distinct, dedicated boundaries including built-in lower-level garage parking and assigned front and rear yard exclusive-use common elements. This portfolio delivers ultimate exit flexibility, allowing an investor to generate immediate, scalable cash flow by operating the properties as high-yield rental units under the corporation's clear tenancy guidelines, or to maximize capital gains by sequentially divesting the individual units into Hamilton's active retail resale market. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Cooling None

Exterior

Parking Features Yes

View Y/N No

Attached Garage Yes

Total Parking Spaces 16

Garage Yes

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Condominium

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65 MOUNT ALBION RD #1-8