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$5,250,000
Est. payment /mo
34 Beds
20,640 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 20,640 sqft
Price per Sqft $254
Subdivision 222 - Delta
MLS® Listing ID 40702794
Bedrooms 34
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
Property Description
The Investments Group is pleased to offer a rare opportunity to acquire a 21-unit multifamily asset in Hamilton's Delta neighborhood. This property combines strong cash flow with significant value-add potential. Qualified investors can take advantage of a direct-to-CMHC financing option, allowing them to secure low-cost debt and maximize long-term returns. A zoning assessment confirms the feasibility of adding one or two additional one-bedroom units, further enhancing revenue potential. Recent renovations and proactive maintenance minimize immediate capital expenditures while providing a clear path for future growth. With strong fundamentals, scalable upside, and long-term stability, this is an institutional-quality investment opportunity. Additional information and detailed financials available upon request. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat,
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://my.matterport.com/show/?m=G9QdrMSWToR
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Listed by Royal LePage Burloak Real Estate Services