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Home ON Greater Hamilton Hamilton Old Hamilton Blakeley
41 ALBERT STREET
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41 ALBERT STREET $3,500,000
$3,500,000
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41 ALBERT STREET
Hamilton (Central), Ontario L8M2Y1

MLS® Number: X11940102
12
Bathrooms
-
Square Feet

Listing Description

The Westside Partners are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity to acquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positioned for a new investor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize the condominiumization process to sell each unit individually to end users or affordable condominium investors. Proforma for each suggested exit strategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one large renovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump for heating and cooling, separate hydro meters, with tenants paying for their own hydro. (39781293)

Location Description

Gage Ave. S. & Main St. E.

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Community Name
Central
Land Size
100.2 x 45.19 FT
Annual Property Taxes
$15,192
Total Parking Spaces
0
Time on REALTOR.ca
58 days

Building

Bathrooms
Total
12
Interior Features
Basement Features
Separate entrance
Basement Type
N/A
Building Features
Foundation Type
Block
Heating & Cooling
Cooling
Wall unit
Heating Type
Heat Pump (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Total Parking Spaces
0

Land

Lot Features
Frontage
100 ft ,2 in
Land Depth
45 ft ,2 in
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4

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