Caractéristiques principales
- MLS® #: X13209002
- ID de propriété: SIRC3376580
- Type de propriété: Résidentiel, Multiplex
- Grandeur du terrain¹: 163.58x67.08 pi. (11 011,47 pi.ca.)
- Construit en: 51
- Stationnement(s): 12
- Inscrit par:
- REVEL REALTY INC.
Description de la propriété
Power of sale opportunity with exceptional redevelopment and income potential. Situated on a substantial 67.32 x 163.84 ft lot (0.25 acres) along a key transit corridor, this C2-zoned property offers nearly 3,000 sq ft above grade and is being sold stripped to the studs with permits already in place for a 4-5 unit conversion. Ideal for investors, developers, or owner-operators seeking flexibility, scale, and long-term upside.The property features a rare rear double detached garage seamlessly connected to an approximate 1,200 sq ft warehouse space with impressive 13' ceilings, creating outstanding potential for storage, commercial use, live/work functionality, or future adaptive reuse. Ample on-site parking for 10+ vehicles further enhances usability and tenant appeal.Designed with strong income fundamentals in mind, the project is positioned for CMHC take-out financing with projected gross annual income of approximately $116,400 and 4 hydro meters already in place. Opportunity exists to convert the asset to fully residential use or maintain a mixed-use configuration under flexible C2 zoning.Large lot dimensions, transit-oriented positioning, and existing scale make this an exceptional candidate for future high-density redevelopment in a rapidly intensifying corridor. Rare opportunity to secure a value-add asset with multiple exit strategies and significant long-term upside.
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822 Main St E, Hamilton, Ontario, L8M 1L6 Canada
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- Capital et intérêts 0
- Impôt foncier 0
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