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329 Upper Sherman AVE Hamilton, ON L8V 3L1
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Raleigh
MLS Listing ID X12516978
Annual Tax Amount $36,692
Tax Year 2025
Property Sub-Type Investment
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY IN A HIGHLY SOUGHT-AFTER EAST MOUNTAIN COMMUNITY, IDEALLY SITUATED ADJACENT TO JURAVINSKI HOSPITAL AND CANCER CENTRE AND WITHIN WALKING DISTANCE TO SHOPPING, PARKS, TRAILS, AND PUBLIC TRANSIT. THIS PROFESSIONALLY MANAGED 20-UNIT APARTMENT BUILDING IS HOME TO AAA TENANTS AND HAS BEEN METICULOUSLY MAINTAINED, FEATURING APPROXIMATELY $300,000 IN RECENT UPGRADES AND IMPROVEMENTS. FIFTEEN SUITES BOAST ESCARPMENT VIEWS, WHILE ALL UNITS ARE MAINTAINED CLEAN AND WELL-KEPT. ADDITIONAL FEATURES INCLUDE ON-SITE COIN-OPERATED LAUNDRY FACILITIES AND 20 ON-SITE PARKING SPOTS, PROVIDING BOTH CONVENIENCE AND SUPPLEMENTAL INCOME. A TURN-KEY ASSET OFFERING STABILITY, QUALITY, AND STRONG LONG-TERM GROWTH POTENTIAL-IDEAL FOR THE DISCERNING INVESTOR.
Location
Province ON
County Hamilton
Community Raleigh
Area Hamilton
Zoning R2
Interior
Cooling No
Inclusions 20 Fridges, 20 Stoves, 3 Dishwashers, 2 Coin-Operated Washers, 2 Coin-Operated Dryers.
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 90.75
Lot Depth 100.0
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by HomeLife Professionals Realty Inc