145 Victoria Ave S

Hamilton, ON L8N 2T1 (Stinson)

Quick Facts

Type: Multiplex

Style: 3-Storey

Size: 5000+ Sq Ft

Age: 51-99 Years

Taxes: $18,250 (2024)

Updated: 2025-01-28 13:25:47

Description

Rarely offered purpose-built legal 8-Unit investment property in the highly sought-after Stinson neighborhood! This low-maintenance, 3-storey walk-up features separate hydro meters, 8 parking spaces, and spacious 700+sf units occupied by A+ tenants. The building boasts a fantastic suite mix of 6 x 2-bedroom units and 2 x 1-bedroom units, with durable brick and concrete construction and classic terrazzo floors. Gross income of $157,000, potential to reach $189,000. This turnkey 8-Unit Building has been well cared for with significant capital expenditures. Updates including Heat Pumps and In-Suite Laundry (4/8 units), Parapet Wall Capping (2020), Fire Systems (2021), and more. Coin laundry onsite. Situated at the edge of the escarpment, this premium location is minutes from the Hamilton GO Centre, Hamilton General Hospital, transit stops, and all the amenities of downtown Hamilton, making it a prime choice for tenants. Dont miss this exceptional investment opportunity with strong cash fl

Extras

Property

Status: Sale

MLS #: X11914150

Price: $1,995,900

Address: 145 Victoria Ave S

Type: Multiplex

Style: 3-Storey

Size: 5000+ Sq Ft

Age: 51-99 Years

Front On: E

Taxes: $18,250

Tax Year: 2024

Lot Size: 66 x 86 Feet

Neighbourhood: Stinson

Nearest Intersection: Charlton Ave E / Vic

City: Hamilton

Postal Code: L8N 2T1

DOM: 3 Days

Last Update: 2025-01-28 13:25:47

Building

Interior

Bedrooms: 14

Bathrooms: 8

Rooms: 51

Kitchens: 8

Family Room: Y

Fireplace: N

Basement: None,

Central Vacuum: N

Exterior

Exterior: Brick,

Driveway: Private

Garage: None

Garage Spaces: 0

Parking Spaces: 8

Pool: None

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Baseboard

Heat Source: Gas

Air Conditioning: Wall Unit

Water: Municipal

Sewers: Sewers

Features

Hospital

Park

Public Transit

Rec Centre

School

Rooms