937 FENNELL Ave, Hamilton, Ontario L8V 1W9
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$219/sqft
Days On Market71 days
Est. Mortgage$5,583/mth
Tax Amount (2023)$9,815/yr
Description
MULTI UNIT INVESTMENT PROPERTY WITH BIG VTB AVAILABLE!!! Solid updated triplex (one commercial unit and two residential units) with anchor restaurant tenant and solid lease until late 2027. Owner updated residential units and professionally upgraded successful commercial restaurant tenant. Both residential units are month to month with good returns. Interesting investment opportunity in that the seller is willing to hold a first VTB with only a minimum of 25% down for 2 yrs and a very business friendly 7% lending rate WITH NO EXTRA LENDER FEES!!!!! Seller is very interested in selling before the new Capital Gains regulations take effect so don't wait to act! Building has recently be fire retrofit upgraded and the properties one time Park Dedication fee applicable to 2024 taxes has been owner paid already. GREAT OPPORTUNITY TO INVEST IN AN EASY BLUE CHIP SAVINGS PLAN WITH BETTER FUTURE RETURNS.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 6
Property History
49
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