$1,599,000
Status: For Sale
Prime investment opportunity located at one of the highest-traffic corners in the city! This fully-renovated, fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments, a strong anchor commercial tenant on the ground floor, and a brand new tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. Currently priced over a 6% cap rate, this property is capable of achieving a stronger cap rate with minimal effort in the short-term. In exceptional condition, this property comes with a recent, clean Phase II Environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! With significant opportunity for upside as well, this is an excellent, low-maintenance investment with a strong returns and more upside to be realized!
| Property Type | :Commercial |
| MLS Number | :X8223838 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :11 Apr, 2024 (16 Days ago) |
| Area | :Hamilton |
| Community | : Crown Point |
| Postal Code | : L8H 4S8 |
| Source | :TRREB |
| Price | :$1,599,000 |
| Property Taxes | :$10180.79 |
| Tax Year | :2023 |
| Cross Street | :Sw C At Barton & Kenilworth |
14 Feb, 2024
TREB #X8067362
Available
$1599000.0
289-293 Kenilworth Ave N is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 289-293 Kenilworth Ave N with a highly strategic location at the L8H 4S8 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
289-293 Kenilworth Ave N offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X8223838 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 10180.79 and an attractive 1,599,000 while getting several vibrant Crown Point benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and L8H 4S8. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and Street for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Sw C At Barton & Kenilworth. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $7,995 available on the 1,599,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $7,995 and other attractive incentives for buying this Commercial in Ontario and at L8H 4S8. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This X8223838 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 289-293 Kenilworth Ave N promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at L8H 4S8 and you will find a value addition at 289-293 Kenilworth Ave N by all means.
