41 Albert Street new

Hamilton,ON L8M 2Y1

$ 3199000

16 Beds

11 Baths

9117 SqFt


Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,117 sqft

Price per Sqft $350

MLS Listing ID 40764997

Bedrooms 16

Abv Grd Liv Area 9,117

Annual Tax Amount $15,192

Property Sub-Type Apartment

Source Cornerstone

Property Description

Presenting on behalf of the Lender in Possession through Power of Sale: an exceptional opportunity to acquire a 13-unit, condominiumized multi-residential property at 41 Albert Street in Hamilton, Ontario. This turn-key asset offers multiple exit strategies ; complete the final unit renovation and refinance as a long-term hold, or advance the condominiumization process and sell units individually to end users or affordable housing investors. The property includes 11 fully renovated one-bedroom apartments and one large four-bedroom apartment, all featuring laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and quality finishes. Each suite is equipped with its own ductless split system for heating/cooling, separate hydro meter, and tenants pay their own hydro.

Location

Province ON

County Hamilton

Area 22 - Hamilton Centre

Zoning D

Direction Gage Ave. S. & Main St. E.

Rooms

Basement Full,Finished

Kitchen 0

Interior

Interior Features Other

Heating Heat Pump

Cooling None

Fireplace No

Laundry Common Area

Exterior

Roof Type Flat

Lot Frontage 100.2

Lot Depth 45.19

Garage No

Building

Lot Description Other

Faces Gage Ave. S. & Main St. E.

Story 3

Foundation Block,Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Block,Stone

New Construction No

Others

Senior Community No

Tax ID 182530002

Ownership Freehold/None

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