$4,499,000

246 Governor's Road

Dundas ONTARIO, L9H 3K2

Description

Welcome to Springcreek Plaza - a renovated 16 unit mixed-use property in Dundas with upside. 8 commercial and 8 residential units on a >1 acre corner lot with 55 parking spaces. Commercial tenants include Pizza Hut, a yoga studio, laundromat other stable community businesses. The residential units are all 2-storeys with 7 x 3 bedroom units and 1 x 2 bedroom, all leased to long-term tenants at well below market rents. Offered at ~5.35% cap rate with amazing upside on residential rents. Well located on a major arterial road within one of the most affluent areas of Hamilton. Call for details.

Details

MLS#H4068044
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site22

Features

SQ Feet20,083
Story(s)1

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Area Information

ProvinceOntario
CountyHamilton
CityDundas
Postal CodeL9H 3K2
AreaHamilton
Listing VS Median (in L9H 3K2)
Price:
$4,499,000
low | high
Med:
$2,249,509
99.999799955546% of Average
SqFt:
20,083
low | high
Med:
10,692
96.763431758203% of Average
$ / SqFt:
$224
low | high
Med:
$112
99.996909620941% of Average
On Site:
22
low | high
Med:
66
33.333333333333% of Average
Listing Updated: 12/09/2019
MLS Number: H4068044
Listing Provided By:
Fazl Molana  of  Ambitious Realty Advisors Inc.
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.