ON > Hamilton > Crown Point
Hamilton, ON L8H 4S8,289-293 Kenilworth AVE N
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Hamilton, ON L8H 4S8,289-293 Kenilworth AVE N
Hamilton, ON L8H 4S8,289-293 Kenilworth AVE N
Hamilton, ON L8H 4S8,289-293 Kenilworth AVE N
Hamilton, ON L8H 4S8,289-293 Kenilworth AVE N
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,799,000
Est. payment /mo
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Active

289-293 Kenilworth AVE N Hamilton, ON L8H 4S8

4,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $428

Subdivision Crown Point

MLS Listing ID X12089960

Annual Tax Amount $10,702

Tax Year 2024

Property Sub-Type Commercial Retail

Lot Depth 35.0

Lot Front 64.66

Property Description

Incredible low-maintenance investment offered at a massive 6.6% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean Phase II Environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return!

Location

Province ON

County Hamilton

Community Crown Point

Area Hamilton

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 64.66

Lot Depth 35.0

Others

Security Features No

Listed by Sotheby's International Realty Canada, Brokerage
agent

Jethro Seymour

Broker

+1(416) 712-0767

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289-293 Kenilworth AVE N

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