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0 Beds 12 Bath

41 Albert St

Hamilton L8M 2Y1 Ontario

MLS: X11940102

$3,500,000

Added 2 days ago | For Sale

Listed by: Trilliumwest Real Estate Brokerage Ltd

About Property

The Westside Partners are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity to acquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positioned for a new investor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize the condominiumization process to sell each unit individually to end users or affordable condominium investors. Proforma for each suggested exit strategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one large renovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump for heating and cooling, separate hydro meters, with tenants paying for their own hydro.

Features

  • House Style:Multiplex
  • Bathrooms:12
  • Land Size:
  • Water:Municipal
  • Garage Spaces:0 /None
  • Driveway:None
  • Heating Fuel:Gas
  • Cross Street:Gage Ave. S. & Main St. E.
  • Basement:Sep Entrance ,
  • Possession Date:Other
  • Annual Property taxes: $15192
  • Bedrooms:0
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Heat Pump
  • Pool Type:None
  • Exterior:Brick
  • Fronting On:W
  • Front Footage:100.2
  • Listing ID:X11940102

Rooms Dimensions Description

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Average Sale Prices per Month in Hamilton
This graph illustrates the average sale prices per month in Hamilton, providing an in-depth analysis of the real estate market trends and fluctuations
0 Bedrooms Multiplex House Hamilton
Monthly Sales Trends in Hamilton
This graph showcases the monthly sales trends in Hamilton, offering valuable insights for both buyers and sellers in the real estate market.
0 Bedrooms Multiplex House Hamilton
Avg Price for 0 Bedroom Multiplex house in Hamilton
Discover the last 3 months average sold price city of Hamilton neighbourhoods.
Community Average Price Difference Avg Days On Market
Durand $915,000
-282.51%
14
Dundas $1,465,000
-138.91%
140
Stinson $1,700,000
-105.88%
39
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