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An Investment Opportunity In Downtown Hamilton......

15 Ontario Ave - An Investment Opportunity In Downtown Hamilton With Great Future Potential. 8 Units In Residential Freestanding Brick Building Located South Of Main St. E. & Wentworth S. Consists Of 7 X 2 Bedrooms & 1 X 1 Bedroom Units. 9 Separate Meters. Tenants Pay Rent & Hydro. Well Managed And Fully Leased. Super On Site. Numerous Upgrades Include: Newer Flooring, Kitchens & Upgraded Bathrooms In Some Units, Roof (2016), Furnace & Hwt (2009). 8 Fridges, 8 Stoves, 1 Hot Water Tank Owned. Boiler 10 Yrs. Floors Hardwood, Parquet & Laminate. Est. Income$74,796, Exp $26,088. Est. Net Of $48,708. Great Location Near Transit, 10 Min To Centre, Near Schools, Churches & Amenities.

Property Details

  • ID: X4200788
  • Status: Active
  • New Construction: No
  • Property ID: 101345869
  • Storeys: 0
  • Lot Size: 50.62 x 92.91 Feet
  • Style: Apartment
  • Parking Type Description: Surface 0 cars
  • Estimated Annual Taxes: $14,917

Features

External Area Influences2 - Public Transit, Area Influences1 - Major Highway
Internal Water Expense - 3246, Water - Municipal, Utilities, Hydro Expense - 921, Heat Type - Gas Hot Water, Heat Expenses - 4194
Other Use - Apts-6 To 12 Units, Gross Income/Sales - 74796, Freestanding
Listed By Norma Manfrini of CENTURY 21 Leading Edge Realty Inc., Brokerage*