122 Victoria Avenue North, Hamilton | Image 1

122 Victoria Avenue North

Hamilton, Landsdale

  • Commercial

$1,690,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: D

  • Age: 51-99 years

  • Taxes: 17254.15

  • MLS®#: X11997681

  • Days on Site: 1 Days

  • Added: Mar 03, 2025 (1 month ago)

  • Updated:

  • Last Checked: 1 month ago

  • Listed By: Keller Williams Signature Realty, Brokerage

Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Unit 5 vacant, Unit 6 vacant Apr 1. Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged. Financials available upon request. Appraised for $2,050,000 in 2024.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 51-99

  • Area: Hamilton

  • Community: Landsdale

  • Availability Date: Flexible

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Radiant

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 11

Fees

  • Tax Year: 2024

  • Tax Legal Description: LOT 137, PLAN 223, NORTH SIDE OF KING STREET CITY OF HAMILTON

  • Taxes: $17,254

  • Expenses: Act

  • Insurance Fee: 6427

  • Hydro Expense: 1260

  • Heat Expenses: 5041

  • Taxes Type: Annual

  • Taxes: 17254

  • Tax Year: 2024

  • Water Fees: 6062

Land

  • Cross Street: Main St E to Victori

  • Municipality District: Hamilton

  • Parcel Number: 171820130

  • Sewer: San Avail

  • Lot Depth: 156.1 Feet

  • Lot Frontage: 54.55 Feet

  • Zoning: D

Commercial Specific

  • Total Area: 6000

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Building

  • Gross Income/Sales: 147097

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Map of 122 Victoria Avenue North, Hamilton
JK-8

St. Patrick Catholic Elementary School

Elementary: Catholic
0.47 km
JK-8

St. Brigid Catholic Elementary School

Elementary: Catholic
0.43 km
JK-8

St. Lawrence Catholic Elementary School

Elementary: Catholic
1.47 km
JK-8

Bennetto Elementary School

Elementary: Public
1.36 km
JK-8

Dr. J. Edgar Davey (New) Elementary Public School

Elementary: Public
0.45 km
JK-8

Cathy Wever Elementary Public School

Elementary: Public
0.70 km
9-12

King William Alter Ed Secondary School

Secondary: Public
0.46 km
9-12

Turning Point School

Secondary: Public
1.29 km
9-12

Vincent Massey/James Street

Secondary: Public
3.66 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
2.56 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
1.53 km
9-12

Cathedral High School

Secondary: Catholic
0.62 km
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