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Last Updated : 405 Days ago
89 Mount Albion Rd, Hamilton, Ontario, Red Hill

89 Mount Albion Rd, Hamilton MLS Number: X11903308

Red Hill, Hamilton, ON, L8K 6C4

$4,700,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $12230.20 (Tax Year:2024)
  • Listing Courtesy : Homelife Signature Realty

89 Mount Albion Rd Property Description

Rarely offered purpose-built legal 8-Unit investment property on a premium corner lot in the highly sought-after Red Hill area of Hamilton !! The building boasts a fantastic suite mix of 8 condo Townhomes: 4 x 2 Bedroom Townhouses & 4 x 3 Bedroom Townhouses ranging from 835 Sq.Ft. to 1035 Sq.Ft. Full Basements, Fully rented with upwards income potential!! Addresses: 89,91,93,95,97,99 & 101 on Mount Albion & 2 Cherry Hill Ave. Tenants Pay All Utilities. Separate Utility Meters. This turnkey 8-Unit Building has been well cared for with a new Roof in 2016, Windows done in 2010, All Furnaces are new & high efficiency, new Parking Lot. 12 Parking and 2 Garages. Rental Water Heaters. Gross Income of $ 220,000 with potential to rise in future. The site benefits from strong rental demand, excellent transit access, and a promising outlook for future growth in this vibrant, high-potential neighborhood. Don' t miss this exceptional investment opportunity with strong cash flow and long-term upside.

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89 Mount Albion Rd Property Facts

Property Type :Commercial
MLS Number :X11903308
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :18 Feb, 2025 (405 Days ago)
Source :TRREB
Area :Hamilton
Postal Code : L8K 6C4
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89 Mount Albion Rd Property Price & Tax Insights

Price : $4,700,000
Property Taxes :$12230.20
Tax Year :2024

89 Mount Albion Rd, Hamilton Property Details

Cross Street :Mount Albion/Cherryhill

89 Mount Albion Rd, Hamilton - Price History

2025-01

01 Jan, 2025

TREB #X11903308

Available

$4700000.0

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89 Mount Albion Rd - Location Map and Landmarks

  • St. Peter's, Hamilton 4.43 km
  • Juravinski  and Cancer Centre, Hamilton 4.8 km
  • Hamilton General, Hamilton 6.75 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 7.05 km
  • McMaster University Medical Centre, Hamilton 7.67 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 7.76 km
  • Joseph Brant, Halton 10.59 km
  • McMaster Children's, Hamilton 10.99 km
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