233 Victoria Avenue North, Hamilton | Image 1

233 Victoria Avenue North

Hamilton, Landsdale

  • Commercial

$1,539,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: D Zoning

  • Age: No Data

  • Taxes: 4914.02

  • MLS®#: X9389894

  • Added: Oct 09, 2024 (1 month ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: EXP REALTY

Lucrative investment opportunity at 233 Victoria Ave N. This is a LEGAL, turn key 6 unit apartment building. This property underwent extensive renovations within the last 2-3 years including kitchens, bathrooms, flooring and MORE. This property features a suite mix of 4 x 1-bedrooms, and 2 x 2-bedrooms, that are currently tenanted with AAA young professionals. Laundry is coin operated in the basement of the building. This property also features an ASSUMABLE CMHC MORTGAGE with an interest rate of 4.32%, maturing in 2028 with a cap rate of 5.5%-5.75%. See attached feature sheet for full financial details on your next investment property!

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Hamilton

  • Community: Landsdale

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Elec Forced Air

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Taxes: $4,914

  • Taxes Type: Annual

Land

  • Cross Street: Victoria Ave N & Bar

  • Municipality District: Hamilton

  • Parcel Number: 171830151

  • Lot Depth: 134.5 Feet

  • Lot Frontage: 33.25 Feet

  • Zoning: D Zoning

Commercial Specific

  • Total Area: 3777

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Survey: N

  • Financial Statement: Y

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Map of 233 Victoria Avenue North, Hamilton
JK-8

St. Patrick Catholic Elementary School

Elementary: Catholic
0.85 km
JK-8

St. Brigid Catholic Elementary School

Elementary: Catholic
0.48 km
JK-8

St. Lawrence Catholic Elementary School

Elementary: Catholic
1.13 km
JK-8

Bennetto Elementary School

Elementary: Public
1.07 km
JK-8

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

Elementary: Public
0.57 km
JK-8

Cathy Wever Elementary Public School

Elementary: Public
0.71 km
9-12

King William Alter Ed Secondary School

Secondary: Public
0.73 km
9-12

Turning Point School

Secondary: Public
1.49 km
9-12

Vincent Massey/James Street

Secondary: Public
4.00 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
2.91 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
1.53 km
9-12

Cathedral High School

Secondary: Catholic
1.00 km
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