$1,699,000
Available - For Sale
Listing ID: X12323034
66 Wellington Stre South , Hamilton, L8N 2R1, Hamilton
| 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 $161,000. 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. $161,000 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. |
| Price | $1,699,000 |
| Taxes: | $6301.00 |
| Occupancy: | Tenant |
| Address: | 66 Wellington Stre South , Hamilton, L8N 2R1, Hamilton |
| Acreage: | < .50 |
| Directions/Cross Streets: | Main St E/ Wellington St S |
| Rooms: | 14 |
| Rooms +: | 4 |
| Bedrooms: | 7 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Finished, Separate Ent |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Basement |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 4 | Third |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Other |
| Drive Parking Spaces: | 0 |
| Park #1 | |
| Parking Type: | Other |
| Park #2 | |
| Parking Type: | Other |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 3500-5000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ABOUTOWNE REALTY CORP. |
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|
HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Corktown |
| Style: | 3-Storey |
| Approximate Age: | 51-99 |
| Tax: | $6,301 |
| Beds: | 7+2 |
| Baths: | 9 |
| Fireplace: | N |
| Pool: | None |
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