17 Webber Avenue, Hamilton | Image 1

17 Webber Avenue

Hamilton, Stinson

  • Commercial

$1,800,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: Multi-Residentia

  • Age: 100+ years

  • Taxes: 20310

  • MLS®#: X10424803

  • Days on Site: 3 Days

  • Added: Nov 11, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: MYSAK REALTY INC.

This 10-unit building includes 4 vacant units with one very large unit in position to be converted into two, presenting a clear value-add opportunity for investors. Notably, 7 of the units are separately metered, with tenants paying their own hydro, reducing operational expenses and enhancing cash flow. Exceptional investment opportunity in a prime Hamilton location! The property is situated close to all key amenities, including transit, shopping, and dining, making it highly appealing to potential tenants. A solid asset with substantial income growth potential in Hamilton's thriving rental market.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 100+

  • Area: Hamilton

  • Community: Stinson

  • Availability Date: TBA

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: In/Out

  • Covered Parking Spaces: 12

Fees

  • Tax Year: 2024

  • Tax Legal Description: Lts 12, 13, 14 & 15, Pl 397; Pt Lts 5, 6, 7, 10&

  • Taxes: $20,310

  • Expenses: Est

  • Insurance Fee: 6667

  • Heat Expenses: 8138

  • Other Expenses: 6224

  • Taxes Type: Annual

  • Taxes: 20310

  • Tax Year: 2024

Land

  • Cross Street: Victoria Ave S & Sti

  • Municipality District: Hamilton

  • Zoning: Multi-Residentia

Commercial Specific

  • Sprinklers: N

  • Total Area: 9848.97

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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Map of 17 Webber Avenue, Hamilton
JK-8

Sacred Heart of Jesus Catholic Elementary School

Elementary: Catholic
1.09 km
JK-8

St. Patrick Catholic Elementary School

Elementary: Catholic
0.47 km
JK-8

St. Brigid Catholic Elementary School

Elementary: Catholic
1.17 km
JK-8

George L Armstrong Public School

Elementary: Public
0.83 km
JK-8

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

Elementary: Public
1.03 km
JK-8

Queen Victoria Elementary Public School

Elementary: Public
0.63 km
9-12

King William Alter Ed Secondary School

Secondary: Public
0.78 km
9-12

Turning Point School

Secondary: Public
1.15 km
9-12

Vincent Massey/James Street

Secondary: Public
2.90 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
1.71 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
1.83 km
9-12

Cathedral High School

Secondary: Catholic
0.40 km
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