41 Albert Street, Hamilton | Image 1

41 Albert Street

Hamilton, Central

  • 0 bed 12 bath
$3,600,000 est.*: $12,195/mo
For Sale

Added 1 day ago

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  • Type: Multiplex

  • Style: 3-Storey

  • Lot Size: 100.2 x 45.19 Feet

  • Age: 51-99 years

  • Taxes: $15,192 per year

  • Added: Jan 24, 2025 (1 day ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X11940102

  • Listed By: Trilliumwest real estate brokerage ltd

The Westside Partners are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity to acquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positioned for a new investor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize the condominiumization process to sell each unit individually to end users or affordable condominium investors. Proforma for each suggested exit strategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one large renovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump for heating and cooling, separate hydro meters, with tenants paying for their own hydro.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 3-Storey

  • Age: 51-99

  • Area: Hamilton

  • Community: Central

  • Availability Date: Other

Inside

  • Bathrooms: 12

  • Den/Family Room: No

  • Air Conditioning: Wall Unit

  • Fireplace: Yes

  • Central Vacuum: N

  • Washrooms: 12

Building

  • Basement: Sep Entrance

  • Heat Type: Heat Pump

  • Heat Source: Gas

  • Exterior: Brick

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Other

Parking

  • Driveway: None

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: See Schedule A

  • Taxes: $15,192

Land

  • Cross Street: Gage Ave. S. & Main

  • Municipality District: Hamilton

  • Fronting On: West

  • Parcel Number: 182530002

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 45.19 Feet

  • Lot Frontage: 100.2 Feet

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/7_11_12_43_albert_st_hamilton_on/
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Very Walkable

  • Most errands can be accomplished on foot.
85 /100

Good Transit

  • Some errands can be accomplished by public transportation.
60 /100

Very Bikeable

  • Most errands can be accomplished on bike.
70 /100
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Map of 41 Albert Street, Hamilton
JK-8

ÉÉC Notre-Dame

Elementary: Catholic
0.35 km
JK-8

St. Ann (Hamilton) Catholic Elementary School

Elementary: Catholic
1.15 km
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Holy Name of Jesus Catholic Elementary School

Elementary: Catholic
1.19 km
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Adelaide Hoodless Public School

Elementary: Public
0.18 km
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Highview Public School

Elementary: Public
1.63 km
JK-8

Prince of Wales Elementary Public School

Elementary: Public
0.82 km
9-12

King William Alter Ed Secondary School

Secondary: Public
2.35 km
9-12

Vincent Massey/James Street

Secondary: Public
2.29 km
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Nora Henderson Secondary School

Secondary: Public
3.31 km
9-12

Delta Secondary School

Secondary: Public
1.77 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
2.15 km
9-12

Cathedral High School

Secondary: Catholic
1.72 km

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