Hamilton L8K 1S9 Ontario
MLS: X12789996
Added 12 hours ago | For Sale
Listed by: RE/MAX REAL ESTATE CENTRE INC.
Exceptional investment opportunity with this fully leased live/work property in a prime high-traffic area of east-end Hamilton. This freestanding high-visibility corner building features approximately 1,400 sq. ft. of commercial space on the main floor with 11ft high ceilings and an additional 1,400 sq. ft. second-floor residential apartment and a basement. Zoned C2, the property supports a wide range of commercial uses including office/retail/business uses. The main-floor retail tenant pays $2,700/month with 2 years remaining on a 5-year lease, while the upper-level 3-bedroom, 1-bath apartment has been leased for 3 years at $2,175.25/month. The basement and second garage are currently being used by the Owner and not part of the leased units. Total monthly income of $4,775 generates $57,300 annually, with Upper Level tenant willing to stay. Attached garage with storeage/loading dock access loading zone.Excellent exposure, public transit at the doorstep, ample street parking, and quick access to the Red Hill Valley Parkway and QEW make this a strong, turnkey income-producing asset.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Office | 10 ft, 1 in x 25 ft, 11 in | |
| Other | 11 ft, 9 in x 25 ft, 11 in | ||
| Workshop | 9 ft, 11 in x 15 ft, 11 in | ||
| Second | Living Room | 14 ft, 4 in x 21 ft, 1 in | |
| Dining Room | 9 ft, 2 in x 13 ft, 2 in | ||
| Kitchen | 13 ft, 1 in x 13 ft, 3 in | ||
| Primary Bedroom | 14 ft, 5 in x 9 ft, 1 in | ||
| Bedroom 2 | 11 ft, 2 in x 9 ft, 3 in | ||
| Bedroom 3 | 11 ft, 1 in x 9 ft, 3 in |
No property rooms available.
