Prime value-add opportunity! This 8-unit apartment building offers tremendous upside, with the potential to add a 9th unit for increased cash flow. With 3 vacant units, this property presents immediate potential to set market rents and optimize tenant mix. Each unit is separately metered for hydro, giving you flexibility to minimize expenses. The property features 8 outdoor parking spaces to enhance tenant convenience. With strategic upgrades and management, this property can be brought to its full potential in a high-demand rental market. A rare opportunity to create substantial value.
Data was last updated March 9, 2025 at 07:55 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,299,500
Min list price:
$685,000
Max list price:
$5,600,000
Avg days on market:
36
Min days on market:
2
Max days on market:
620
These statistics are generated based on the current listing's property type
and located in
Hamilton. Average values are
derived using median calculations.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.