$849,000

16 Gage Avenue N

Hamilton ONTARIO, L8L 6Z6

Description

A rare opportunity to own multifamily property in Prime Downtown Hamilton Location. This property is set to generate strong positive cash flow and unleveraged 5.5% Cap Rate. Completely renovated to the studs and maintenance-free. All permits are available upon request. All equipment and appliances are brand new and under warranties. Parking is abundant and offers additional revenue streams. Location is steps from Gage Park and future LRT station.

Details

MLS#H4065388
Sub-TypeResale
StatusActive
Days On Site5

Features

SQ Feet1,783
Units4
Building(s)1

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Area Information

ProvinceOntario
CountyHamilton
CityHamilton
Postal CodeL8L 6Z6
AreaHamilton
Listing VS Median (in L8L 6Z6)
Price:
$849,000
low | high
Med:
$849,000
50% of Average
SqFt:
1,783
low | high
Med:
1,783
50% of Average
$ / SqFt:
$476
low | high
Med:
$476
50% of Average
On Site:
5
low | high
Med:
5
100% of Average
Listing Updated: 10/13/2019
MLS Number: H4065388
Listing Provided By:
Vlad Andriuca  of  City Brokerage
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.