NewFor Sale

174 John Street S
Hamilton, Hamilton, ON, L8N 2C6

Store W Apt/Office
TRREB
MLS® Number: X12441410
$1,988,000List Price
Store W Apt/OfficeProperty Type
5,079 sq ftSize
$12,117.17 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 174 John Street S, Hamilton, ON L8N 2C6

0 Transactions by CPRB Agents

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Description

Rare opportunity to own a prime mixed-use property in the heart of Hamilton, just a 2-minute walk to the GO station, schools, commercial towers, and a thriving residential community. This newly refurbished, four-story (C5-zoned) building offers a lot size of 34.55 ft x 66.00 ft, a total area of 4,582 sq. ft., and includes four residential units and one commercial unit. With a gross income of $170,856, a net operating income (NOI) of over $155,000, and operating expenses under $12,000 per year, this is an exceptional investment opportunity. One unit is currently vacant and available for the buyers use. Flexible ownership options allow you to purchase with the business or simply become a landlord, as one of the sellers is willing to continue operations. **EXTRAS** 2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$12,117.17 / 2024
Listing #:X12441410
Property Type:Store W Apt/Office
Size:5,079 sq ft
Land Size:66.13 x 34.62
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE WEST REALTY GROUP LTD.

Rooms

Details

Property

Property Type:Store W Apt/Office
Community:Corktown
Municipality:Hamilton

Building

Size:5,079 sq ft

Inside

Bedrooms:0
Bathrooms:7
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Baseboard

Land

Cross Street:John St S / Augusta

$1,988,000

List price

174 John Street S, Hamilton – Store W Apt/Office for sale · MLS® # X12441410