Hamilton, ON L8M 2Y1,41 Albert ST
Hamilton, ON L8M 2Y1,41 Albert ST
Hamilton, ON L8M 2Y1,41 Albert ST
Hamilton, ON L8M 2Y1,41 Albert ST
Hamilton, ON L8M 2Y1,41 Albert ST
Hamilton, ON L8M 2Y1,41 Albert ST
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$ 3,199,000
Est. payment | /mo

17 Beds

14 Baths


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$ 3,199,000
Est. payment | /mo
Save

17 Beds

14 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Blakeley

MLS Listing ID X12375395

Style 3-Storey

Bedrooms 17

Annual Tax Amount $15,192

Tax Year 2024

Property Sub-Type Multiplex

Property 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 at 41 Albert Street in Hamilton, Ontario. This turn-key asset offers multiple exit strategies ; complete the final unit renovation and refinance as a long-term hold, or advance the condominiumization process and sell units individually to end users or affordable housing investors. Proformas for each strategy available upon request. The property includes 11 fully renovated one-bedroom apartments and one large four-bedroom apartment, all featuring laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and quality finishes. Each suite is equipped with its own ductless split system for heating/cooling, separate hydro meter, and tenants pay their own hydro

Location

Province ON

County Hamilton

Community Blakeley

Area Hamilton

Rooms

Family Room Yes

Basement Walk-Out, Apartment

Kitchen 13

Interior

Interior Features Other

Cooling Wall Unit(s)

Fireplace Yes

Heat Source Other

Exterior

Pool None

Roof Type Flat

Lot Frontage 100.2

Lot Depth 45.19

Building

Foundation Concrete Block

Listed by Trilliumwest Real Estate Brokerage Ltd
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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