Mix use building , Great Investment opportunity with projected income of over 5.5% Cap rate , consists of 1 Commercial unit on main floor and 2 residential apartments on 2nd floor. Commercial currently Leased to Vie Tea Café on a 5 year term , Residential units each consists of 2 bedrooms and 1 full bathroom , Both Residential units are vacant so you can pick your own tenants. both commercial and residential units have been extensively renovated within the past 2-3 years. Private parking at back of building
MLS # | X12022169 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Price Change |
Days On Site | 116 |
Listing Provided By | GRACE CANADA REALTY INC. | X12022169 424200 |
SQ Feet | 3,004 |
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Acreage | 0.07 |
Heating Yes / No | Yes |
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Cooling Yes / No | Yes |
Cooling | Yes |
Province | ON |
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Region | Hamilton |
City | Hamilton |
Postal Code | L9C 2Y8 |
Area | Southam |
Listing VS Median (in L9C 2Y8) | |
Price: $999,800 low | high Med: $999,800 SqFt: 3,004 low | high Med: 3,004 $ / SqFt: $333 low | high Med: $333 On site: 116 low | high Med: 116.000000 |