122 Victoria Ave, Hamilton, Ontario L8L 5E5
Contact us about this property
Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not available
Price/Sqft-
Est. Mortgage$8,138/mo
Tax Amount (2024)$17,254/yr
Days On Market60 days
Description
Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. 3 vacant units upon possession. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged. Financials available upon request.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 11
Property History
40
Get up to 0.5% cashback when you buy your dream home with Wahi Cashback
A new way to buy a home that puts cash back in your pocket.
- Our in-house Realtors do more deals and bring that negotiating power into your corner
- We leverage technology to get you more insights, move faster and simplify the process
- Our digital business model means we pass the savings onto you, with up to 0.5% cashback on the purchase of your home