$ 1.950.000
Ontario Real Estate Hamilton Real Estate
122 Victoria Avenue N, Hamilton, ON L8L5E5 Photo 1
39 Photos
122 Victoria Avenue N, Hamilton, ON L8L5E5 Photo 2
122 Victoria Avenue N, Hamilton, ON L8L5E5 Photo 3
122 Victoria Avenue N, Hamilton, ON L8L5E5 Photo 4
122 Victoria Avenue N, Hamilton, ON L8L5E5 Photo 5

122 Victoria Avenue N, Hamilton

  • Bedrooms: 9
  • Bathrooms: 9
  • Living area: 6000 square feet
  • Added: 11 hours ago
  • Updated: 5 hours ago
  • Last Checked: 7 minutes ago
Rarely offered Hamilton Purpose-Built 9-Unit Building in Central Hamilton! 9 x 1 Bedroom units with separate hydro meters, 6 balconies, and 11 parking spaces. Mix of renovated and unrenovated units. 4/9 units renovated offering potential for 28% upside on rents. Gross income $147,097, potential $188,880. 3 vacant units upon possession. Low maintenance building with brick and concrete construction and terrazzo floors. Many recent updates including Roof (2012), Boiler (2012), Boiler Pumps (2023), Fire Systems (2021), Mailboxes (2020), windows/doors, and more. Coin laundry onsite in addition to in-suite laundry in renovated units. Clean Phase 1 available (2017). Situated in the heart of Hamilton's Business District close to Jackson Square, Hamilton GO Centre, Hamilton General Hospital, and multiple transit stops ideal for tenants. Some photos have been virtually staged. (id:1945)
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Property DetailsKey information about 122 Victoria Avenue N

  • Cooling: Wall unit, Ductless
  • Heating: Natural gas
  • Stories: 3
  • Exterior Features: Brick
  • Foundation Details: Block
  • Property Type: Investment Property
  • Units: 8
  • Storeys: 3
  • Occupancy: A+ Tenants
  • Unit Sizes: 700+ sq ft
  • Suite Mix: 2-Bedroom Units: 6, 1-Bedroom Units: 2

Interior FeaturesDiscover the interior design and amenities

  • Basement: None
  • Living Area: 6000
  • Bedrooms Total: 9
  • Above Grade Finished Area: 6000
  • Above Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Other
  • Flooring: Terrazzo Floors
  • Laundry: In-Suite: 4 out of 8 units, Coin Laundry: Onsite

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 122 Victoria Avenue N

  • Lot Features: Laundry- Coin operated
  • Water Source: Municipal water
  • Parking Total: 11
  • Construction: Brick and Concrete
  • Parking Spaces: 8
  • Maintenance: Low

Location & CommunityUnderstand the neighborhood and community

  • Directions: Main St E to Victoria Aenue N
  • Common Interest: Freehold
  • Street Dir Suffix: North
  • Subdivision Name: 141 - Lansdale
  • Community Features: High Traffic Area
  • Neighborhood: Stinson
  • Proximity: Hamilton GO Centre: Minutes away, Hamilton General Hospital: Minutes away, Transit Stops: Minutes away, Downtown Amenities: Minutes away
  • Escarpment: Edge of the escarpment

Business & Leasing InformationCheck business and leasing options available at 122 Victoria Avenue N

  • Gross Income: $157,000
  • Potential Income: $189,000

Property Management & AssociationFind out management and association details

  • Management: Turnkey Operation
  • Tenant Quality: A+ Tenants

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system
  • Hydro Meters: Separate
  • Heat Pumps: Installed

Tax & Legal InformationGet tax and legal details applicable to 122 Victoria Avenue N

  • Tax Annual Amount: 17254.15
  • Zoning Description: D
  • Legal Status: Purpose-Built Legal

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 9
  • Updates: Parapet Wall Capping: 2020, Fire Systems: 2021
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More Details?
Jake Novis
  • Jake Novis
  • Keller Williams Signature Realty, Brokerage
  • 226-921-8881
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