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:63476)
Property Details
| MLS® Number | 40872441 |
| Property Type | Other |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area |
Building
| Basement Type | Full |
| Stories Total | 2 |
| Size Exterior | 4200.0000 |
| Size Interior | 4,200 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 35 Ft |
| Size Frontage | 65 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C5a |
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October 28 2026 07:00:20
REALTORS® Association of Hamilton-Burlington
Corcoran Horizon Realty