289 293 Kenilworth Avenue N, Hamilton, On L8 H 4 S8
4,200 Sqft
Updated: October 29
1
MLS#X14125674
About the Property
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,
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!
…
Property type
House
Price/sqft
$271
Features
Investment Property
Renovated
Air Conditioning
Stone Countertops
Explore the Area
289-293 Kenilworth Avenue N, Hamilton, ON L8H-4S8, Ontario, Canada
View on Google Maps
Headquartered in Ontario, Corcoran Horizon Realty delivers a luxury real estate experience across every corner
Headquartered in Ontario, Corcoran Horizon Realty delivers a luxury real estate experience across every corner of the market. From timeless residences to bold new developments, commercial ventures to investment opportunities, we provide expert guidance across all styles of real estate. Backed by world-class marketing, unmatched market exposure, advanced technology, and a team of seasoned professionals, we connect you to properties and possibilities designed to elevate both lifestyle and portfolio.
…
Last updated
October 29
First listed
October 29
Listing reference
x2r2yl
Start phone call with:
Hello, I’m calling for the property with the reference x2r2yl, which I discovered on JamesEdition.
After the call, we'll provide your contacts to the agent for easy communication.
Trusted by the World's Leading Brokers
The agents behind the world's most exceptional properties list with JamesEdition.
Listings from Sotheby's, Christie's, BARNES, and Engel & Völkers