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$1,900,000
Available - For Sale
Listing ID: X12040770
754 Main Stre East , Hamilton, L8M 1L1, Hamilton
Three-storey mixed-use building featuring two retail units on the main floor (1,500 sq. ft. each) and seven residential apartments above. The frame construction is in good condition, with many recent updates and renovated units. The residential mix includes 1 bachelor, 4 one-bedroom, and 2 two-bedroom apartments. Strong existing cash flow with reliable, long-term tenants. The ground-floor retail units have been occupied by established businesses for decades. Excellent opportunity for first-time investors, with approximately 30% upside potential in rental income
Price $1,900,000
Taxes: $7,690.7
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 754 Main Stre East , Hamilton, L8M 1L1, Hamilton
Postal Code: L8M 1L1
Province/State: Hamilton
Legal Description: Lot 1, Plan 466
Directions/Cross Streets: Main and Sherman
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 4,784
Total Area Code:  Square Feet
Area Influences: Public Transit  
Maintenance: 0
Net Income Before Debt: $133335
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Gas Hot Water
Central Air Conditioning: Partial
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COMMERCIAL FOCUS REALTY INC.

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Maria Tompson
Sales Representative
Your Company Name, Brokerage
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sales@bestforagents.com

 

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