A pic from exterior of the house or condo, the front or back of building for 41 Albert St #101, Hamilton Ontario L8M 2Y1
49 days on Market

41 Albert St #101, Hamilton, Ontario L8M 2Y1

In the same building:
-
Condo
-
-
~9117 sqft
$3,700,000
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Condo
-
-
~9117 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$405/sqft

Est. Mortgage$15,890/mo

Tax Amount (2024)$4,485/yr

Days On Market49 days


Description

13 unit - fully renovated building. 5.1 % cap rate - does not include rent for 1 unit as 1 unit is unregistered and needs complete renovation. Cap rate will increase once you are able to get the 13 unit legal and renovated. Hydro paid by tenants. 12 x 1 Bed, 1 x 4 Bed. Each unit has heat pump. All kitchens and bathrooms completely renovated (except 1 unit). Excellent tenants. Beautiful renovations completed. A long term hold building with all the heavy lifting completed.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~9117 SqFt
Lot Size4,528 SqFt(45.19 x 100.2)
Parking Spaces-
MLS ®Number40676580
Community NameBlakeley
Data SourceITSO
Listing byMysak Realty Inc.

Features

Heating: Electric, Natural Gas
Basement: Full, Finished

Features

Lot size: 4,528 SqFt
Sewer (Municipal)

3Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by Mysak Realty Inc., Brokerage

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Population and Demographics

Overview

Total population 3280
Average household income $93,143

Age (%)

20 to 34
24%
35 to 49
22%
50 to 64
20%
0 to 19
19%
65 and plus
15%

Household composition (%)

Single family
51%
Single person
43%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
88%
Others
4%
Spanish
2%
French
2%
Polish
1%

House tenancy (%)

Renters
59%
Owners
41%

Schools and amenities

Estimated Budget