$1,099,900 $5,905 est/mo Sourced by Back At You

937 Fennell Avenue E,Hamilton, ON L8V 1W9

Hamilton ON, L8V 1W9

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Description

MULTI UNIT INVESTMENT PROPERTY WITH BIG VTB AVAILABLE!!! Solid updated triplex (one commercial unit and two residential units) with anchor restaurant tenant and solid lease until late 2027. Owner updated residential units and professionally upgraded successful commercial restaurant tenant. Both residential units are month to month with good returns. Interesting investment opportunity in that the seller is willing to hold a first VTB with only a minimum of 25% down for 2 yrs and a very business friendly 7% lending rate WITH NO EXTRA LENDER FEES!!!!! Seller is very interested in selling before the new Capital Gains regulations take effect so don't wait to act! Building has recently be fire retrofit upgraded and the properties one time Park Dedication fee applicable to 2024 taxes has been owner paid already. GREAT OPPORTUNITY TO INVEST IN AN EASY BLUE CHIP SAVINGS PLAN WITH BETTER FUTURE RETURNS.

Details

MLS#H4193945
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site65
Listing Provided ByColdwell Banker Flatt Realty Inc. | Thomas Flatt

Features

Bed(s)6
SQ Feet3,369
BasementY
Story(s)2
Units3
ZoningC2
Acreage0.14
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.

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Learn More About This Property

ProvinceON
RegionHamilton
CityHamilton
Postal CodeL8V 1W9
AreaRaleigh
Community NameRaleigh
Listing VS Median (in Raleigh)
Price:
$1,099,900
low | high
Med:
$639,900
91.821983816711% of Average
SqFt:
3,369
low | high
Med:
1,178
100% of Average
$ / SqFt:
$326
low | high
Med:
$543
16.385175315367% of Average
On Site:
65
low | high
Med:
16.000000
100% of Average
Sourced by Back At You
Listing Updated: July 15, 2024 at 12:47:32 PM PDT