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Last Updated : 663 Days ago
289-293 KENILWORTH Ave N, Hamilton, Ontario, Crown Point

289-293 KENILWORTH Ave N, Hamilton MLS Number: X10403678

Crown Point, Hamilton, ON, L8H 4S8

$1,599,000

Status: OFF MARKET

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $10180.79 (Tax Year:2023)
  • Listing Courtesy : Sotheby's International Realty Canada, Brokerage

289-293 KENILWORTH Ave N Property Description

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 based on a 6.3% 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!

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289-293 KENILWORTH Ave N Property Facts

Property Type :Commercial
MLS Number :X10403678
Listing Type :Sale
Possession Date :
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Last Updated :26 Nov, 2024 (663 Days ago)
Source :TRREB
Area :Hamilton
Postal Code : L8H 4S8
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289-293 KENILWORTH Ave N Property Price & Tax Insights

Price : $1,599,000
Property Taxes :$10180.79
Tax Year :2023

289-293 KENILWORTH Ave N, Hamilton Property Details

Cross Street :SW Corner of Barton and Kenilworth

289-293 KENILWORTH Ave N, Hamilton - Price History

2024-02

14 Feb, 2024

TREB #X8067362

Available

$1599000.0

289-293 KENILWORTH Ave N - Location Map and Landmarks

  • St. Peter's, Hamilton 2.56 km
  • Juravinski  and Cancer Centre, Hamilton 3.34 km
  • Hamilton General, Hamilton 4.17 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 5.22 km
  • McMaster University Medical Centre, Hamilton 5.53 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 6.38 km
  • Joseph Brant, Halton 7.55 km
  • McMaster Children's, Hamilton 9.09 km
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