289-293 Kenilworth Avenue N Hamilton, Ontario L8H 4S8
$1,598,000
Incredible low-maintenance investment offered at a massive 6.8% 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 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! (id:50033)
Property Details
| MLS® Number | X14125674 |
| Property Type | Business |
| Community Name | Crown Point |
| Amenities Near By | Public Transit |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4,200 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 35 Ft |
| Size Frontage | 64 Ft ,7 In |
| Size Irregular | 64.66 X 35 Ft |
| Size Total Text | 64.66 X 35 Ft |
| Zoning Description | C5a |
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October 28 2026 07:25:26
The Oakville Milton & District Real Estate Board
Corcoran Horizon Realty