174 JOHN STREET S , Hamilton Ontario L8N2C6

Sale $2,100,000  | 
Listing # X11945610
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Office Listing:

Sandip Chook, Broker

Len Janke, CD

Len Janke, CD

Sales Representative

Phone: 416.233.6276

lenjanke@royallepage.ca
www.lenjanke.ca

Royal LePage West Realty Group, Brokerage (Independently owned and operated)

Brokerage

5040 DUNDAS STREET WEST
Toronto,  ON M9A1B8

Remarks:

Rare opportunity to own a prime mixed-use property in the heart of Hamilton, just a 2-minute walk to the GO station, schools, commercial towers, and a thriving residential community. This newly refurbished, four-story (C5-zoned) building offers a lot size of 34.55 ft x 66.00 ft, a total area of 4,582 sq. ft., and includes four residential units and one commercial unit. With a gross income of $170,856, a net operating income (NOI) of over $155,000, and operating expenses under $12,000 per year, this is an exceptional investment opportunity. One unit is currently vacant and available for the buyers use. Flexible ownership options allow you to purchase with the business or simply become a landlord, as one of the sellers is willing to continue operations. **EXTRAS** 2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023. (id:7525)

Commercial : Retail

Neighbourhood: Corktown
Lot Frontage: 66.1 Feet
Lot Depth: 34.6 Feet
Lot Size: 66.13 x 34.62 FT
Bathrooms (Total): 7
Zoning: C5

Property Features:

Amenities Nearby: Public Transit , Recreation
Property Type: Retail

Building Features:

Building Type: Residential Commercial Mix
Heating Type: Baseboard heaters