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$1,600,000
Available - For Sale
Listing ID: X8202894
Check this out! Discover this rare investment opportunity on Upper James Street in Hamilton. This versatile multi-use building offers exceptional potential for both commercial and residential ventures. Situated in a prime location on the Hamilton Mountain, with a flexible layout and modern amenities, this property is a true gem for investors and entrepreneurs alike. The well-maintained building ensures ongoing support for businesses and promising prospects for the apartment. Currently serving as a musical studio and gym, these commercial spaces represent a variety of usages for this building. The 2-bedroom, 1-bathroom apartment suite provides a comfortable and contemporary living space, making it highly attractive to prospective tenants. Seize the opportunity to thrive in the vibrant commercial area while also tapping into the residential rental market. Whether you're a new investor or looking to grow your portfolio, don't miss this chance to explore this dynamic space in the heart of the Hamilton Mountain. The following are allowed with the expected exceptions, limitations, rules & regulations: Artist Studio; Beverage Making Establishment; Catering Service; Commercial Entertainment; Commercial Parking Facility; Commercial Recreation;Commercial School; Communications Establishment; Craftsperson Shop; Day Nursery; Dwelling Unit, Mixed Use; Financial Establishment; Hotel; Laboratory; Medical Clinic; Microbrewery; Office; Performing Arts Theatre; Personal Services; Place of Assembly; Place of Worship; Repair Service; Restaurant; Retail; Social Services Establishment; Urban Farmers Market; Veterinary Service.
Price $1,600,000
Taxes: $9,018.84
Tax Type: Annual
Assessment: $301000
Assessment Year: 2024
Occupancy by: Owner
Address: 608 Upper James St , Hamilton, L9C 2Y8, Ontario
Postal Code: L9C 2Y8
Province/State: Ontario
Legal Description: PT LT 26, BLK E, PL 279 , PT LT 27, BLK
Lot Size: 25 x 100 (Feet)
Directions/Cross Streets: Upper James/ Genesee Street
Zoning: C5a
Category: Store With Apt/Office
Building Percentage: Y
Total Area: 4,250
Total Area Code:  Sq Ft
Office/Appartment Area: 2125
Office/Appartment Area Code: Sq Ft
Retail Area: 2125
Retail Area Code: Sq Ft
 Heat Expenses: $1747
 Hydro Expense:  $4802
Water Expense: $601
Year Expenses: 7150
Expenses Actual/Estimated: $Act
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS INNOVATION REALTY

608 Upper James St , Hamilton, L9C 2Y8, Ontario


 
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Type: Com - Store W/Apt/Office
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Southam
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Lot Size: 25.00 x 100.00(Feet)
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Tax: $9,018.84
Maintenance Fee: $0
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