Rare opportunity to own a prime mixed-use property in the heart of Hamilton, just a 2-minute walk to the GO station, schools, commercial towers, and a thriving residential community. This newly refurbished, four-story (C5-zoned) building offers a lot size of 34.55 ft x 66.00 ft, a total area of 4,582 sq. ft., and includes four residential units and one commercial unit. With a gross income of $170,856, a net operating income (NOI) of over $155,000, and operating expenses under $12,000 per year, this is an exceptional investment opportunity. One unit is currently vacant and available for the buyers use. Flexible ownership options allow you to purchase with the business or simply become a landlord, as one of the sellers is willing to continue operations. **EXTRAS** 2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023.
Address
174 John Street S
List Price
$2,100,000
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Area
Hamilton
Sub-Area
Corktown
County
Hamilton
Bathrooms
7
Lot Depth
34.62
Lot Type
Lot
Lot Size Units
Feet
Lot Width
66.13
MLS® Number
X11945610
Listing Brokerage
ROYAL LEPAGE WEST REALTY GROUP LTD.
Postal Code
L8N 2C6
Tax Amount
$12,117.17
Tax Year
2024
Community Features
Public Transit, Recreation/Community Centre
Heat Type
Baseboard
Cooling Features
No
Garage Type
None
Security Features
No
