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Yuvraj Sharma

Sales Representative
NSD Brokers, Brokerage Independently owned and operated. 1 Gateway Blvd Suite #200, Brampton, Ontario L6T0G3 Cell: 647-961-7334Office: 905-783-1000

$985,000
Available - For Sale
Listing ID: X10440794
13 Westinghouse Ave , Hamilton, L8L 6E4, Ontario


Presenting a rare opportunity to acquire a Purpose-Built Legal 6-Plex in the Heart of Hamilton. This property features 3 renovated units, with 3 additional units offering significant potential for improvements. Current annual rental income of $75,718 with a potential gross rent of $107,683, providing a 40% upside on rents. The building consists of three 1-bedroom and three 2-bedroom units, each with separate hydro meters.Key features include 4 parking spaces, coin-operated laundry, two gas furnaces, updated breaker panels, and a new commercial hot water tank. Located near Hamilton General Hospital and major developments such as the redeveloped Westinghouse HQ, this property benefits from the ongoing growth and investment in the area. Don't miss the chance to add a strong asset to your portfolio in Hamilton's thriving Gibson neighborhood.
Price $985,000
Taxes: $4727.00
Assessment: $332000
Assessment Year: 2024
Address: 13 Westinghouse Ave , Hamilton, L8L 6E4, Ontario
Lot Size: 25.58 x 102.22 (Feet)
Directions/Cross Streets: Westinghouse / Barton St E
Rooms: 22
Bedrooms: 9
Bedrooms +:
Kitchens: 6
Family Room: N
Basement: None
Approximatly Age: 100+
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 4
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 2000-2500
Property Features: Hospital, Park, Public Transit
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Wall Unit
Laundry Level: Main
Sewers: Sewers
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Yuvraj Sharma
Sales Representative
Dir:
647-961-7334
Bus:
905-783-1000
 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Gibson
Style: 3-Storey
Lot Size: 25.58 x 102.22(Feet)
Approximate Age: 100+
Tax: $4,727
Maintenance Fee: $0
Beds: 9
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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