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$599,999
Available - For Sale
Listing ID: X12184280
Free standing light industrial building with 3000 sf of interior space suitable for many commercial uses such as: warehouse, manufacturing, carpenter's shop, retail variety, etc. Since this is not a condo, there are zero maintenance fees, and the property taxes are extremely low ($2561 for 2024), so the overhead costs are much lower than the average industrial unit and you have the freedom to renovate or develop the site as you please. The property has no basement and is mostly on the ground level (with one 2nd floor office). Potential to add a second or third story to existing building. The property backs onto the escarpment and is steps from Gage Park. The building is set back from the road behind a row of houses. Easy access to downtown Hamilton and to Red Hill Valley Parkway. This is the perfect location to run your new or existing business! The sellers will consider offering mortgage financing (VTB) to a buyer with a minimum down payment of 50%.
Price $599,999
Taxes: $2,561
Tax Type: Annual
Occupancy by: Tenant
Address: 366 Cumberland Aven , Hamilton, L8M 2A2, Hamilton
Postal Code: L8M 2A2
Province/State: Hamilton
Legal Description: PART LOT 17 PLAN 305 DESIGNATED AS PARTS
Directions/Cross Streets: GAGE AVE S/CUMBERLAND
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Free Standing
Use: Warehouse
Building Percentage: T
Total Area: 3,000
Total Area Code:  Square Feet
Office/Appartment Area: 1200
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Rail: N
Clear Height Feet: 8
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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Interest Rate: %  
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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.
INTERNATIONAL REALTY FIRM, INC.

366 Cumberland Aven , Hamilton, L8M 2A2, Hamilton


 
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At a Glance:
Type: Com - Industrial
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Blakeley
Style:
Lot Size: x 235.00(Feet)
Approximate Age:
Tax: $2,561
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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