An exceptional and highly versatile investment opportunity awaits in a prime Hamilton location with this unique real estate package, featuring eight contiguous condominium units on Mount Albion Road offered entirely as a single portfolio block. Identified legally under Wentworth Condominium Plan Number 302, this entire multi-unit row asset consists of units one through eight, presenting a rare chance for a savvy landlord or investor to command a significant portion of an established condominium community. Three of the units have been completely renovated and are ready for immediate occupancy or premium rental rates, while the remaining five units provide an excellent value-add proposition through personalized updates and strategic renovations. According to the structural and exclusive-use framework verified in the registered plan of survey, each individual property benefits from distinct, dedicated boundaries including built-in lower-level garage parking and assigned front and rear yard exclusive-use common elements. This portfolio delivers ultimate exit flexibility, allowing an investor to generate immediate, scalable cash flow by operating the properties as high-yield rental units under the corporation’s clear tenancy guidelines, or to maximize capital gains by sequentially divesting the individual units into Hamilton's active retail resale market. (id:42568)
| MLS® Number | 40872889 |
| Property Type | Multi-family |
| Amenities Near By | Public Transit, Schools, Shopping |
| Features | Backs On Greenbelt, Conservation/green Belt, Paved Driveway, Private Yard |
| Parking Space Total | 16 |
| Bathroom Total | 16 |
| Bedrooms Total | 24 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1984 |
| Cooling Type | None |
| Exterior Finish | Brick Veneer, Vinyl Siding |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Size Interior | 1,068 Ft2 |
| Utility Water | Municipal Water |
| Attached Garage |
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 423 Ft |
| Size Frontage | 121 Ft |
| Size Irregular | 0.712 |
| Size Total | 0.712 Ac|1/2 - 1.99 Acres |
| Size Total Text | 0.712 Ac|1/2 - 1.99 Acres |
| Zoning Description | Rt-10/s-491 |
https://www.realtor.ca/real-estate/30429162/65-mount-albion-road-unit-1-8-hamilton
Contact us for more information
Paulo Alexandre Ribeiro
Broker
(905) 333-3500
www.remaxcentre.ca/
Paul Toffolon
Salesperson
(905) 333-3500
www.remaxcentre.ca/
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