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$1,249,900
Available - For Sale
Listing ID: X12025563
Turnkey Residential Care Home in Prime Stoney Creek Location Fantastic Opportunity to Own a Fully Renovated, Accessible and Legally Converted Residential Care Home! This investment not only offers great income potential but also makes a meaningful difference in the community. It is ready for immediate operation, allowing for care options ranging from independent living, low care, or maximizing revenue with a high level of care (please see supplements). It has the ability to generate well over $200,000 in net operating income, a customizable asset with reasonable operating expenses. The Prime Location is nestled in a beautiful residential neighborhood, within walking distance of parks as well as amenities such as grocery, pharmacy, medical centers, Starbucks, and more!Containing 6 bedrooms (3+3) 2 full bathrooms and 2 kitchens and sitting on a very generous 75x100 lot with a beautiful large, level and peaceful private backyard for additional outdoor living space. 28 Dale Avenue could be the next address in your commercial portfolio with the ability to generate a cap rate well into the double digits! Renovated from top to bottom with a wheelchair accessible main floor that includes a vertical lift at the main entrance, tilt mirrors and grab bars in bathrooms, widened doorways, no transition flooring and remote-control blinds. Renovations also included external waterproofing and the replacement of clay pipes in the basement. Features further include permitted approvals to convert existing garage (including optional interior lift) into additional living space, which will provide an extra 450 sq ft, perfect for a long-term tenant or on-site care provider. Endless income producing options to create massive returns! All development fees for the conversion were fully paid and not deferred ($77,000 value). With all major renovations completed and permits secured, this is a rare opportunity to own a hassle-free, income-generating property in a prime location.
Price $1,249,900
Taxes: $4,631
Occupancy by: Vacant
Address: 28 Dale Aven , Hamilton, L8G 3L9, Hamilton
Acreage: < .50
Directions/Cross Streets: Donn Avenue to Dale Avenue
Rooms: 6
Rooms +: 6
Bedrooms: 3
Bedrooms +: 3
Washrooms: 2
Family Room: F
Basement: Full
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 20.57 8.69
Room 2: Main Living Ro 18.30 14.73 Combined w/Dining
Room 3: Main Bedroom 11.22 11.32
Room 4: Main Bedroom 2 11.09 12.30
Room 5: Main Bedroom 3 10.76 8.23
Room 6: Basement Kitchen 19.81 7.45
Room 7: Basement Recreatio 19.81 15.12
Room 8: Basement Bedroom 10.23 10.89
Room 9: Basement Bedroom 2 9.41 10.89
Room 10: Basement Bedroom 3 8.86 11.38
Room 11: Main Other 7.77 22.01
Room 12: Main Other 11.38 22.01
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Basement
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  3 Basement
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Detached
Style: Bungalow
Exterior: Brick
Vinyl Siding
Garage Type: Attached
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
Property Features: School Bus R
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: Forced Air
Central Air Conditioning: Central Air
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.
REVEL Realty Inc., Brokerage

28 Dale Aven , Hamilton, L8G 3L9, Hamilton


 
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At a Glance:
Type: Freehold - Detached
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stoney Creek
Style: Bungalow
Lot Size: x 75.00(Feet)
Approximate Age: 51-99
Tax: $4,631
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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