ONHamiltonHamilton41 Albert Street
41 Albert Street
Interior view
Interior view
35
Expired
Multiplex

41 Albert Street

Hamilton, ON, L8M 2Y1

Multiplex
Area
5000 + sq.ft
Bed
17
Bedrooms
Bath
14
Bathrooms
Parking
0
Single Garage
Expired

Property Description

Original Remarks

Presenting on behalf of the Lender in Possession through Power of Sale: an exceptional opportunity to acquire a 13-unit, condominiumized multi- residential property at 41 Albert Street in Hamilton, Ontario. This turn-key asset offers multiple exit strategies ; complete the final unit renovation and refinance as a long-term hold, or advance the condominiumization process and sell units individually to end users or affordable housing investors. Proformas for each strategy available upon request. The property includes 11 fully renovated one-bedroom apartments and one large four-bedroom apartment, all featuring laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and quality finishes. Each suite is equipped with its own ductless split system for heating/cooling, separate hydro meter, and tenants pay their own hydro

PROPERTY HISTORY

41 Albert Street

Type:Multiplex
Style:3-Storey
Size Range:5000 +
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:X12375395
Community:Blakeley
Days on Market:-
Year Built:-
Age range:-
Basement:Walk-Out, Apartment
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$15,192/yr (2024)
Municipality:Hamilton
Lot Size:100.20 x 45.19 Feet

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