Offered at
$3,199,000
Size
9,117 ft2
Bedrooms
16
Bathrooms
11
Property
Size
100 x 45
Walk
Score
85
Transit
Score
60
Property
Taxes
$15,192 (2024)
Year
Built
51-99 years
MLS
40764997
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. 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.
The numbers below are for informational purposes only and we make no representation or warranty of the results. Everyone's situation is unique—please consult a mortgage broker.
