Spectacular mixed-use building in the heart of ultra-desirable James North! This fully-renovated property is comprised of six sleek apartments, three beautiful retail units, and two unfinished studio spaces. The six residential suites boast large windows, stone countertops, separate HVAC, laundry, and individually-metered utilities. The three commercial units are all leased to excellent, established tenants. Two additional studio units remain unfinished in the upper levels due to zoning constraints. Substantially renovated with permits in 2021, this building offers excellent cashflow and appreciation value. There is no parking to maintain, and the property has a Walk Score of 99, so it's not needed anyway! Given its relatively compact size and efficient use of space, the property's operating maintenance and risk is minimal, making it an excellent investment for the discerning buyer. (id:50964)
MLS® Number | 40454381 |
Property Type | Other |
Amenities Near By | Public Transit, Shopping |
Community Features | High Traffic Area |
Features | Corner Site, Visual Exposure |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Cooling Type | Central Air Conditioning, Ductless |
Exterior Finish | Brick |
Fire Protection | Smoke Detectors |
Heating Type | Baseboard Heaters, Forced Air, Heat Pump |
Stories Total | 3 |
Size Exterior | 5600.0000 |
Utility Water | Municipal Water |
None |
Acreage | No |
Land Amenities | Public Transit, Shopping |
Sewer | Sanitary Sewer |
Size Depth | 64 Ft |
Size Frontage | 32 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | D2 - Downtown Mixed Use - Pedestrian Focus |
https://www.realtor.ca/real-estate/25832999/154-james-street-n-hamilton
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman