41 Albert St

Hamilton, ON L8M 2Y1 (Central)

Quick Facts

Type: Multiplex

Style: 3-Storey

Size: Sq Ft

Age: 51-99 Years

Taxes: $15,192 (2024)

Updated: 2025-01-28 15:15:14

Description

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 cool

Extras

Property

Status: Sale

MLS #: X11940102

Price: $3,600,000

Address: 41 Albert St

Type: Multiplex

Style: 3-Storey

Size: Sq Ft

Age: 51-99 Years

Front On: W

Taxes: $15,192

Tax Year: 2024

Lot Size: 100 x 45 Feet

Neighbourhood: Central

Nearest Intersection: Gage Ave. S. & Main

City: Hamilton

Postal Code: L8M 2Y1

DOM: 3 Days

Last Update: 2025-01-28 15:15:14

 

Building

Interior

Bedrooms: 0

Bathrooms: 12

Rooms: 0

Kitchens: 0

Family Room: N

Fireplace: Y

Basement: Sep Entrance,

Central Vacuum: N

 

Exterior

Exterior: Brick,

Driveway: None

Garage: None

Garage Spaces: 0

Parking Spaces: 0

Pool: None

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Heat Pump

Heat Source: Gas

Air Conditioning: Wall Unit

Water: Municipal

Sewers: Sewers

 

Features

 

Rooms