207-209 Victoria Avenue N, Hamilton, ON L8L 5E9

$824,500
8
BD
3
BA
3,000
SqFt

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List Price
$824,500
MLS#
X13769800
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
8
Bathrooms
3
Living Area
3000-3500
Province
ON
Municipality
Hamilton
Area
Hamilton
Neighborhood
Landsdale
Subdivision
Victoria Av. North And Robert

Property Description

An exceptional real estate portfolio addition awaits at 207 & 209 Victoria St. North, Hamilton, Ontario. Being sold together, this unique package offers investors or multi-generational families the rare advantage of acquiring two adjoining, 2-story semi-detached properties side-by-side for the price of one. Featuring 3,048 sq. ft. of total living space, this turnkey residential investment package consists of 4 self-contained units distributed across the properties, with each semi-detached home housing two spacious 2-bedroom apartments. Designed for maximum returns and long-term income stability, the property also includes 2 unfinished basements primed for value-add optimization. Key Property Features: Tenant-Ready Multi-Family Layout: Comprises four well-designed, independent 2-bedroom units. Separately Metered Utilities: Equipped with 4 independent gas meters, shifting heating costs to tenants and reducing landlord overhead. Private Outdoor Spaces: Every individual apartment boasts its own dedicated deck/balcony, providing highly desirable private outdoor space. Massive Value-Add Potential: The 2 unfinished basements offer a clean slate and an outstanding opportunity to renovate, develop additional usable square footage, and dramatically scale up your monthly cash flow. Great location close to Hamilton general hospitals, Ron Joyce Children's Health Centre and Public Transit.

Additional Information

Taxes
$4,944
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
4
Exterior
Brick
Garage Type
None
Pool
None
Parking Type
None

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Listing courtesy of CENTURY 21 PERCY FULTON LTD..