329 Upper Sherman Avenue, Hamilton, ON, L8V 3L1

$5,699,900

MLS® # 40785073

Investment For Sale In Raleigh, Hamilton, Ontario

$5,699,900

Property Information:

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.

Inclusions: Built-in Microwave,Microwave,Smoke Detector,Other,20 Fridges, 20 Stoves, 3 Dishwashers, 2 Coin-Operated Washers, 2 Coin-Operated Dryers.

Exclusions : Tenant's Belongings

Building Features:

  • Floor Space: 17080 Square Feet

Property Features:

  • Bedrooms: 25
  • Accessibility Features: Accessible Public Transit Nearby, Accessible Elevator Installed, Accessible Hallway(s), Hard/Low Nap Floors, Accessible Entrance, Level within Dwelling
  • Acres Range: < 0.5
  • Basement: None
  • Construction Materials: Brick, Brick Veneer, Block, Concrete
  • Cooling: None
  • Driveway Parking: Covered Parking, Outside/Surface/Open
  • Exterior Features: Balcony, Lighting, Separate Hydro Meters, Other
  • Floor Space (approx): 17080 Square Feet
  • Heating: Radiant
  • Interior Features: Elevator, Separate Hydro Meters
  • Laundry Features: Coin Operated
  • Lot Depth: 100 Feet
  • Lot Features: Rectangular, Ample Parking, Hospital, Park, Playground Nearby, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby, Trails, View from Escarpment
  • Lot Frontage: 90.75 Feet
  • Parking Features: Attached Garage, Asphalt, Assigned
  • Road Frontage Type: Municipal Road
  • Road Surface Type: Paved
  • Roof: Flat
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 20

Courtesy of: Homelife Professionals Realty Inc.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Additional Photos