Sotheby's International Realty® Listing
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    16 Strathcona Avenue South
    Hamilton, Ontario, L8P4H9
    Canada

    16 Strathcona Avenue South
    Hamilton, Ontario, L8P4H9 Canada

    Martinus Geleynse
    Listing image
    Listing image

    Investment Opportunity

    This clean, well-maintained investment property offers significant positive cashflow (Gross of well over $5000/month), with the added benefit of a rare and valuable zoning exception that allows for up to five residential units on the site. Comes with completed architect plans for development of a large addition to the building that could see property income easily triple. Project has broad community support and had conditional site plan approval already in place. Situated on beautiful Strathcona Avenue between Main West and King West, the location and rentability of this property is second to none. This large brick home offers four floors of rental rooms and common washrooms in excellent shape; regularly updated by long-term, hands-on owners. Well-equipped with commercial fire alarm system, basement walk-out and more. This is a great opportunity to purchase a strong cashflow with excellent tenants and a turnkey development project at the same time. Call today for your tour of this exceptional property!
     

    Amenities & Features

    • Listing Details
      • Property ID
        QCFC7C
      • MLS#
        40149617
      • Property type
        Single Family Homes
      • Marketed By
        Sotheby's International Realty Canada
      • Status
        Available
      • Listing Price
        $897,857
      • County
        Any Cities In Ontario
    • Utilities & Building
      • Style
        Traditional
      • Lot Size Unit
        Acre(s)
      • Lot Size
        0.09
      • cooling
        Central Air Conditioning
    • Interior
      • Full Bathrooms
        4
      • Bedrooms
        6