41 Albert Street,Hamilton, ON L8M 2Y1
Hamilton, ON L8M 2Y1
Description
Presenting 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.
Details
| MLS# | 40710334 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 59 |
| Listing Provided By | TrilliumWest Real Estate Brokerage | Samantha Ramos |
Features
| Bed(s) | 16 |
|---|---|
| Bath(s) | 11 |
| SQ Feet | 9,117 |
| Basement | Y |
| Story(s) | 3 |
| Units | 13 |
| Zoning | D |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8M 2Y1 |
| Area | 22 Hamilton Centre |
| Subarea | 220 St. Clair | Blakeley |
| Community Name | 220 St. Clair/Blakeley |
| Listing VS Median (in 220 St. Clair/Blakeley) | |
Price: $3,400,000 low | high Med: $699,900 SqFt: 9,117 low | high Med: 1,640 $ / SqFt: $373 low | high Med: $427 On site: 59 low | high Med: 8.000000 | |
