$2,299,000Asking Price
Exceptional Investment Opportunity! This property consists of 6 recently renovated residential units and 4 commercial units. The residential units were completely gutted and rebuilt in 2019 with no expense spared, featuring new windows, doors, flooring, countertops, appliances, bathrooms, kitchens and independent HVAC systems for each unit. The property consists of a three-story building with an approximate total area of 11,696 square feet. The commercial portion of the building comprises approximately 4,406 square feet of leasable space, spread across four street-front commercial units, each including basement space. The residential portion of the building accounts for around 7,290 square feet of gross area. With the upcoming construction of the new LRT route running directly along King St. E. and on-site parking, this location is set for even greater potential. All tenants cover their own hydro and gas expenses. A highly profitable investment, with dropping interest rates this is your chance to acquire 10 doors in one go and start cash flowing.
Exceptional Investment Opportunity! This property consists of 6 recently renovated residential units and 4 commercial units. The residential units were completely gutted and rebuilt in 2019 with no expense spared, featuring new windows, doors, flooring, countertops, appliances, bathrooms, kitchens and independent HVAC systems for each unit. The property consists of a three-story building with an approximate total area of 11,696 square feet. The commercial portion of the building comprises approximately 4,406 square feet of leasable space, spread across four street-front commercial units, each including basement space. The residential portion of the building accounts for around 7,290 square feet of gross area. With the upcoming construction of the new LRT route running directly along King St. E. and on-site parking, this location is set for even greater potential. All tenants cover their own hydro and gas expenses. A highly profitable investment, with dropping interest rates this is your chance to acquire 10 doors in one go and start cash flowing.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
4 2-Piece Bathrooms on Ground Floor | ||||
3 4-Piece Bathrooms | ||||
3 4-Piece Bathrooms |
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Gibson, Hamilton is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 20 to 24 and adults aged 25 to 44.
Kids Per Family
1.5
kids per family
in the neighbourhood.
62%
of residents are
single and loving it.
62% singles
Hamilton (46%)
65%
of residents
are renters.
65% renters
Hamilton (32%)
15%
of residents are
university grads.
15% university grads
Hamilton (28%)Average Household Income
$56K
is the average household
income in the neighbourhood.
Professions
Sales | 16% |
Trades | 8% |
Business | 5% |
Manufacturing | 4% |
Government | 4% |
27%
of residents were
born outside of Canada.
27% immigrants
Hamilton (25%)2.3% from Syria
All-time
0.7% from Somalia
Recent
Foreign Languages
Arabic | 3% |
Vietnamese | 3% |
Spanish | 2% |
French | 2% |
Somali | 2% |
Religions
Christian | 55% |
Muslim | 4% |
Buddhist | 2% |
Hindu | 1% |