ON > Hamilton > Stoney Creek
Hamilton, ON L8G 3L9,28 Dale AVE
See all 44 photos
Hamilton, ON L8G 3L9,28 Dale AVE
Hamilton, ON L8G 3L9,28 Dale AVE
Hamilton, ON L8G 3L9,28 Dale AVE
Hamilton, ON L8G 3L9,28 Dale AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
11
Jul
Sat
12
Jul
Sun
13
Jul
Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,199,000
Est. payment /mo
Save
Active

28 Dale AVE Hamilton, ON L8G 3L9

6 Beds

1 Bath

1,391 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,391 sqft

Price per Sqft $861

Subdivision Stoney Creek

MLS Listing ID X12160158

Bedrooms 6

Building Age 51-99

Annual Tax Amount $4,631

Tax Year 2024

Property Sub-Type Investment

Lot Depth 75.0

Lot Front 100.0

Property Description

Turnkey Residential Care Home in Prime Stoney Creek Location Fantastic Opportunity to Own a Fully Renovated, Accessible and Legally Converted Residential Care Home! This investment not only offers great income potential but also makes a meaningful difference in the community. It is ready for immediate operation, allowing for care options ranging from independent living, low care, or maximizing revenue with a high level of care (please see supplements). It has the ability to generate well over $200,000 in net operating income, a customizable asset with reasonable operating expenses. The Prime Location is nestled in a beautiful residential neighbourhood, within walking distance of parks as well as amenities such as grocery, pharmacy, medical centers, Starbucks, and more!Containing 6 bedrooms (3+3) 2 full bathrooms and 2 kitchens and sitting on a very generous 75x100 lot with a beautiful large, level and peaceful private backyard for additional outdoor living space. 28 Dale Avenue could be the next address in your commercial portfolio with the ability to generate a cap rate well into the double digits! Renovated from top to bottom with a wheelchair accessible main floor that includes a vertical lift at the main entrance, tilt mirrors and grab bars in bathrooms, widened doorways, no transition flooring and remote-control blinds. Renovations also included external waterproofing and the replacement of clay pipes in the basement. Features further include permitted approvals to convert existing garage (including optional interior lift) into additional living space, which will provide an extra 450 sq ft, perfect for a long-term tenant or on-site care provider. Endless income producing options to create massive returns! All development fees for the conversion were fully paid and not deferred ($77,000 value). With all major renovations completed and permits secured, this is a rare opportunity to own a hassle-free, income-generating property in a prime location.

Location

Province ON

County Hamilton

Community Stoney Creek

Area Hamilton

Rooms

Kitchen 2

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 100.0

Lot Depth 75.0

Listed by REVEL Realty Inc., Brokerage
agent

Jethro Seymour

Broker

+1(416) 712-0767

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Seymour Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

28 Dale AVE

TORONTO NEIGHBOURHOODS
There are 30 quick searches