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$1,800,000
Available - For Sale
Listing ID: X10424803
This 10-unit building includes 4 vacant units with one very large unit in position to be converted into two, presenting a clear value-add opportunity for investors. Notably, 7 of the units are separately metered, with tenants paying their own hydro, reducing operational expenses and enhancing cash flow. Exceptional investment opportunity in a prime Hamilton location! The property is situated close to all key amenities, including transit, shopping, and dining, making it highly appealing to potential tenants. A solid asset with substantial income growth potential in Hamilton's thriving rental market.
Price $1,800,000
Taxes: $20,310
Tax Type: Annual
Occupancy by: Tenant
Address: 17 Webber Ave , Hamilton, L8N 1W4, Ontario
Postal Code: L8N 1W4
Province/State: Ontario
Legal Description: Lts 12, 13, 14 & 15, Pl 397; Pt Lts 5, 6
Directions/Cross Streets: Victoria Ave S & Stinson St
Zoning: Multi-Residentia
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 9,848.97
Total Area Code:  Sq Ft
Approximatly Age: 100+
Taxes Expense: $20310
Insurance Expense: $6667
 Heat Expenses: $8138
Other Expenses: $6224
Year Expenses: 2024
Expenses Actual/Estimated: $Est
Sprinklers: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
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.
MYSAK REALTY INC.

17 Webber Ave , Hamilton, L8N 1W4, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stinson
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age: 100+
Tax: $20,310
Maintenance Fee: $0
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