
List Price: $1,799,000
289-293 Kenilworth Avenue, Hamilton, L8H 4S8
- By Sotheby's International Realty Canada, Brokerage
Commercial Retail|MLS - #X12089960|New
Bed
Bath
4200 Sqft.
None Garage
Client Remarks
Incredible low-maintenance investment offered at a massive 6.6% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean Phase II Environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return!
Property Description
289-293 Kenilworth Avenue, Hamilton, L8H 4S8
Property type
Commercial Retail
Lot size
N/A acres
Style
Approx. Area
4200 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
4200
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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289-293 Kenilworth Avenue, Hamilton, L8H 4S8Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
Walk Score for 289-293 Kenilworth Avenue

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