28 Dale Avenue, Hamilton, Ontario

House for Sale in Hamilton

28 Dale Avenue, Hamilton, ON

  • CA$1,249,900
  • 3+3 BEDS
  • 2 BATHS
  • 2,263 sq.ft. Home

House for Sale in Hamilton

28 Dale Avenue, Hamilton, ON

  • CA$1,249,900
  • 3+3 BEDS
  • 2 BATHS
  • 2,263 sq.ft. Home

Key Facts

  • MLS® #: 40707875
  • Property ID: SIRC2326127
  • Property Type: Residential, Single Family Detached
  • Living Space: 2,263 sq.ft.
  • Year Built: 1956
  • Bedrooms: 3+3
  • Bathrooms: 2
  • Parking Spaces: 5
  • Listed By:
  • Revel Realty Inc.

Property Description

Turnkey Residential Care Home in Prime Stoney Creek Location Fantastic Opportunity to Own a Fully Renovated, Accessible and Legally Converted Residential Care Home! This investment not only offers great income potential but also makes a meaningful difference in the community. It is ready for immediate operation, allowing for care options ranging from independent living, low care, or maximizing revenue with a high level of care (please see supplements). It has the ability to generate well over $200,000 in net operating income, a customizable asset with reasonable operating expenses. The Prime Location is nestled in a beautiful residential neighborhood, within walking distance of parks as well as amenities such as grocery, pharmacy, medical centers, Starbucks, and more!Containing 6 bedrooms (3+3) 2 full bathrooms and 2 kitchens and sitting on a very generous 75x100 lot with a beautiful large, level and peaceful private backyard for additional outdoor living space. 28 Dale Avenue could be the next address in your commercial portfolio with the ability to generate a cap rate well into the double digits! Renovated from top to bottom with a wheelchair accessible main floor that includes a vertical lift at the main entrance, tilt mirrors and grab bars in bathrooms, widened doorways, no transition flooring and remote-control blinds. Renovations also included external waterproofing and the replacement of clay pipes in the basement. Features further include permitted approvals to convert existing garage (including optional interior lift) into additional living space, which will provide an extra 450 sq ft, perfect for a long-term tenant or on-site care provider. Endless income producing options to create massive returns! All development fees for the conversion were fully paid and not deferred ($77,000 value). With all major renovations completed and permits secured, this is a rare opportunity to own a hassle-free, income-generating property in a prime location.

Rooms

  • TypeLevelDimensionsFlooring
  • KitchenMain26' 6.5" x 59' 3"Other
  • Living / Dining RoomMain46' 7.5" x 56' 1.2"Other
  • BedroomMain26' 3.7" x 36' 10.7"Other
  • Primary bedroomMain36' 1.4" x 39' 6"Other
  • Recreation RoomBasement56' 4.4" x 75' 5.9"Other
  • BedroomMain26' 5.3" x 36' 1.4"Other
  • BedroomBasement11' 5" x 8' 9.9"Other

Listing Agents

Revel Realty Inc.

Request More Information

*Showing requires confirmation from agent.

Request More Information

*Showing requires confirmation from agent.

Location

28 Dale Avenue, Hamilton, Ontario, L8G 3L9 Canada

Around this property

Information about the area within a 5-minute walk of this property.

Request Neighbourhood Information

Learn more about the neighbourhood and amenities around this home

Request Now

Payment Calculator

$6,103 mo.* estimated monthly payment based on:
  • $
  • %$
  • %
  • Principal and Interest $6,103 /mo
  • Property Taxes n/a
  • Strata / Condo Fees n/a
* This payment calculator’s purpose is to provide a rough estimate for planning and educational purposes only. It should not be used as your sole source of information for financial planning purposes. This tool does not offer a loan nor does it solicit your information, it is also not financial or legal advice. Please contact a qualified professional for your financial advice. No responsibility or liability whatsoever can be accepted by Sotheby’s International Realty Canada or Sotheby’s International Realty Affiliates for any loss or damage resultant from any use of, reliance on or reference to the contents of this payment calculator.

Similar PropertiesSee All Similar Properties

The IDX information is 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. Information deemed reliable, but not guaranteed. Copyright 2022 Information Technology Systems Ontario, Inc.
Home/Ontario/Hamilton/MLS® 40707875