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65 Mount Albion Road Unit# 1-8 Hamilton, Ontario L8K 5S5

24 Bedroom 16 Bathroom 1068 sqft
None Baseboard Heaters

$2,399,900

An exceptional and highly versatile investment opportunity awaits in a prime Hamilton location with this unique real estate package, featuring eight contiguous condominium units on Mount Albion Road offered entirely as a single portfolio block. Identified legally under Wentworth Condominium Plan Number 302, this entire multi-unit row asset consists of units one through eight, presenting a rare chance for a savvy landlord or investor to command a significant portion of an established condominium community. Three of the units have been completely renovated and are ready for immediate occupancy or premium rental rates, while the remaining five units provide an excellent value-add proposition through personalized updates and strategic renovations. According to the structural and exclusive-use framework verified in the registered plan of survey, each individual property benefits from distinct, dedicated boundaries including built-in lower-level garage parking and assigned front and rear yard exclusive-use common elements. This portfolio delivers ultimate exit flexibility, allowing an investor to generate immediate, scalable cash flow by operating the properties as high-yield rental units under the corporation’s clear tenancy guidelines, or to maximize capital gains by sequentially divesting the individual units into Hamilton's active retail resale market. (id:61499)

Property Details

MLS® Number 40872889
Property Type Multi-family
AmenitiesNearBy Public Transit, Schools, Shopping
Features Backs On Greenbelt, Conservation/green Belt, Paved Driveway, Private Yard
ParkingSpaceTotal 16

Building

BathroomTotal 16
BedroomsTotal 24
BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1984
CoolingType None
ExteriorFinish Brick Veneer, Vinyl Siding
HeatingType Baseboard Heaters
StoriesTotal 3
SizeInterior 1068 Sqft
UtilityWater Municipal Water

Parking

Attached Garage

Land

AccessType Road Access, Highway Access
Acreage No
LandAmenities Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 423 Ft
SizeFrontage 121 Ft
SizeIrregular 0.712
SizeTotal 0.712 Ac|1/2 - 1.99 Acres
SizeTotalText 0.712 Ac|1/2 - 1.99 Acres
ZoningDescription Rt-10/s-491

https://www.realtor.ca/real-estate/30429162/65-mount-albion-road-unit-1-8-hamilton

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Paulo Alexandre Ribeiro
Broker


RE/MAX Real Estate Centre Inc.
720 Guelph Line
Burlington, Ontario L7R 4E2

Paul Toffolon
Salesperson


RE/MAX Real Estate Centre Inc.
720 Guelph Line
Burlington, Ontario L7R 4E2

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