$2,399,900 Sale

Listed 3 hours ago

65 MOUNT ALBION Road Unit# 1-8 #1-8

MLS® 40872889 Multi Family

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Beds · 24

Baths · 16.0

Parking · 16

Sqft · 1068

Est. mortgage

$9,104/mo

Key Facts

Key facts for 65 MOUNT ALBION Road Unit# 1-8 #1-8

Property Type

Apartment

Parking

Garage: Yes, 16 parking

MLS #

40872889

Size

1068 sqft

Basement

Finished, Full (Finished)

Listed on

Lot size

Tax

Days on Market

Year Built

1984

Maintenance Fee

Description

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 Num...ber 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:10452)

Full Property Details

Interior

Bedrooms

Washrooms

16.0

Square Footage

1068 sqft

Basement

Finished, Full (Finished)

Heating Type

Baseboard heaters

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Bedrooms

Washrooms

16.0

Square Footage

1068 sqft

Basement

Finished, Full (Finished)

Heating Type

Baseboard heaters

Air Conditioning

None

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.712 ac|1/2 - 1.99 acres

Parking Spaces

Garage Spaces Y/N

Yes

Zoning Description

RT-10/S-491

Land Amenities

Public Transit, Schools, Shopping

Acreage

0.712 ac|1/2 - 1.99 acres

Parking Spaces

Garage Spaces Y/N

Yes

Zoning Description

RT-10/S-491

Land Amenities

Public Transit, Schools, Shopping

Building Description

Home Type

Apartment

Subtype

Multi Family

Year Built

1984

Exterior

Brick Veneer, Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Year Built

1984

Exterior

Brick Veneer, Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Area Code

Hamilton

Area Code

Hamilton

Other

Virtual Tour Link

https://www.myvisuallistings.com/vt/366535

Virtual Tour Link

https://www.myvisuallistings.com/vt/366535

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