ON > Hamilton
Hamilton, ON L8H 2K6,295 Melvin Avenue
Hamilton, ON L8H 2K6,295 Melvin Avenue
Hamilton, ON L8H 2K6,295 Melvin Avenue
15
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Listed by Adam A. Ezak • Homelife Professionals Realty Inc.
$3,690,000
Est. payment /mo
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25 Beds
20 Baths
17,150 SqFt
New

295 Melvin Avenue Hamilton, ON L8H 2K6

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 17,150 sqft

Price per Sqft $215

MLS Listing ID 40786342

Bedrooms 25

Abv Grd Liv Area 17,150

Annual Tax Amount $39,037

Property Sub-Type Apartment

Source Cornerstone

Property Description

THIS 20 UNIT MULTIPLEX APARTMENT BUILDING PRESENTS A PRIME INVESTMENT OPPORTUNITY, FEATURING 15 ONE-BEDROOM UNITS AND 5, TWO-BEDROOM UNITS. EACH TENANT PAYS THEIR OWN HYDRO, ADDING TO THE INVESTMENT APPEAL. THE BUILDING IS EQUIPPED WITH THERMAL WINDOWS AND IS CONVENIENTLY LOCATED WITHIN WALKING DISTANCE OF SCHOOLS, SHOPPING CENTERS, AND RESTAURANTS, CATERING TO ALL YOUR TENANTS' NEEDS. SITUATED IN A PRIME LOCATION, THIS THREE-STOREY WALK-UP OFFERS SUBSTANTIAL UPSIDE POTENTIAL WITH 12 VACANT UNITS READY FOR RENOVATION. THIS SOLID INVESTMENT PROPERTY ALLOWS FOR REPOSITIONING TO ACHIEVE MARKET RENTS. DON'T MISS OUT ON THIS RARE CHANCE TO MAXIMIZE CASH FLOW AND EQUITY GROWTH!

Location

Province ON

County Hamilton

Area 23 - Hamilton East

Zoning E

Direction Bernard Street/Melvin Avenue

Rooms

Basement None

Kitchen 0

Interior

Heating Radiant

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry Coin Operated, Shared

Exterior

Roof Type Flat

Lot Frontage 70.0

Lot Depth 245.0

Garage No

Building

Lot Description City Lot, Place of Worship, Public Transit, Schools, Shopping Nearby

Faces Bernard Street/Melvin Avenue

Story 3

Foundation Block, Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 172880037

Ownership Freehold/None

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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295 Melvin Avenue

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