$779,000

1463 Main Street E

Hamilton ON, L8K 1C5

Description

Fabulous Investment Opportunity! The property is comprised of a 2300 sq. ft. one floor Mixed Use property with full basement on a 34 ft. x 100 ft. property. The building is comprised of 2 x storefronts and 2 x one-bedroom apartments. Each unit has its own hydro meter. The building is heated with a common boiler and has been well maintained and enjoyed many updates throughout the years. The property is fully rented with a Net Operating Income of $53,400. Surrounded by family friendly neighborhood. Convenient access to Public transit, Redhill Expressway and QEW Niagara and Toronto. Municipal parking lot at the end of the block has always been convenient for the successful retail businesses that have occupied these spaces. Terrific Investment opportunities. Note: The property can be purchased together with 1465 Main Street. These adjacent properties have their own titles. A solid investment opportunity. RSA & SQFT approximate.

Details

MLS#H4100086
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Days On Site59

Features

SQ Feet2,364
Story(s)1
Loading Form
Loading Form
Area Information
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8K 1C5
AreaHamilton
Listing VS Median (in L8K 1C5)
Price:
$779,000
low | high
Med:
$939,500
29.396662387677% of Average
SqFt:
2,364
low | high
Med:
3,220
13.811336717428% of Average
$ / SqFt:
$330
low | high
Med:
$300
59.041401198642% of Average
On Site:
59
low | high
Med:
59
100% of Average
Sourced by Back At You
Listing Updated: May 12, 2021 8:02:14 PM PDT
Elizabeth Parker LogoMLS Number: H4100086
Listing Provided By:
Elizabeth Parker  of  Judy Marsales Real Estate Ltd.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.