174 John Street S Hamilton, Ontario L8N 2C6
$2,100,000
Rare opportunity to own a prime mixed-use property in the heart of Hamilton, just a 2-minute walk to the GO station, schools, commercial towers, and a thriving residential community. This newly refurbished, four-story (C5-zoned) building offers a lot size of 34.55 ft x 66.00 ft, a total area of 4,582 sq. ft., and includes four residential units and one commercial unit. With a gross income of $170,856, a net operating income (NOI) of over $155,000, and operating expenses under $12,000 per year, this is an exceptional investment opportunity. One unit is currently vacant and available for the buyers use. Flexible ownership options allow you to purchase with the business or simply become a landlord, as one of the sellers is willing to continue operations. **EXTRAS** 2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023. (id:61015)
Property Details
| MLS® Number | X11945610 |
| Property Type | Retail |
| Neigbourhood | Corktown |
| Community Name | Corktown |
| Amenities Near By | Public Transit, Recreation |
Building
| Bathroom Total | 7 |
| Heating Type | Baseboard Heaters |
| Size Interior | 5,079 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 34 Ft ,7 In |
| Size Frontage | 66 Ft ,1 In |
| Size Irregular | 66.13 X 34.62 Ft |
| Size Total Text | 66.13 X 34.62 Ft |
| Zoning Description | C5 |
https://www.realtor.ca/real-estate/27854366/174-john-street-s-hamilton-corktown-corktown
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February 08 2025 02:33:21
Toronto Regional Real Estate Board
Royal LePage West Realty Group Ltd.