CFRealty

FOR SALE - Well-maintained 8-suite walk-up apartment building situated along the Main Street East corridor in Hamilton’s east end. The property features a desirable suite mix of 1 bachelor and 7 two-bedroom units, appealing to a broad tenant base. Current in-place rents provide approximately 15%–20% upside to market based on existing income and projections for the single vacant unit, with an average in-place rent of approximately $1,444 per month. Separately metered hydro with tenants responsible for their own electricity costs. One boiler was replaced last year, and the building includes on-site laundry owned by the vendor. Excellent connectivity with transit along Main Street East and quick access to the Red Hill Valley Parkway, QEW, and Highway 403.

Jake Ringwald

Salesperson
(416)996-7713

jringwald@cfrealty.ca

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