$1,699,000

Investment For Sale In Blakeley, Hamilton, Ontario

$1,699,000

Property Information:

STRONG VTB OPTIONS AVAILABLE! A Rare and exceptional downtown Hamilton investment opportunity not to be missed! This meticulously owner-operated 7-unit building comprising all self-contained one-bedroom units has been maintained since 2008 and underwent a complete gut renovation across every floor, delivering a truly turnkey asset in clean, move-in ready condition. Spanning approximately 4,580 sq ft across four levels (basement 1,425 sq ft · main 1,689 sq ft · 2nd 1,061 sq ft · 3rd 405 sq ft), the property features comprehensive 2 lb spray foam insulation across all levels, in-floor heating throughout, a German boiler system that efficiently serves both building heat and hot water, a single car garage with side door, separately metered hydro for 5 of 7 units, parking for 5 vehicles, and additional laundry income. What truly sets this property apart is its coveted C2 zoning, opening the door to a commercial component on the main floor — whether a boutique retail shop, café, professional office, or personal service use — while the live-work opportunity allows an owner-occupant to run their business from the ground floor while residing above, dramatically reducing overhead and maximizing lifestyle flexibility. Positioned in an excellent central downtown location with outstanding visibility along a high-traffic corridor, this building benefits from strong daily foot traffic, exceptional signage exposure, and effortless access to Hamilton’s vibrant amenities, restaurants, and transit routes. A true turnkey investment with significant upside, and opportunities like this are few and far between! (id:27)

Building Features:

  • Style: Multiplex
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 3155 sqft
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Cooling Type: Wall unit

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 7
  • Access Type: Highway access
  • Amenities Nearby: Park, Public Transit, Schools
  • Features: Paved driveway, Laundry- Coin operated
  • Floor Space (approx): 3155 Square Feet
  • Lot Depth: 90 Feet
  • Lot Frontage: 46 Feet
  • Zoning: C2
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX Real Estate Centre Inc., eXp Commercial Brokerage

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

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

  • Living room featuring wood-finish flooring, a white fireplace with patterned tile surround, and neutral wall paint -
  • Living area featuring wood-finish flooring, a tiled fireplace surround, and multiple windows -
  • Kitchen featuring wood-finish countertops, neutral cabinetry, a tile backsplash, and a ceramic tile floor -
  • Bathroom featuring a white vanity with integrated sink, chrome faucet, and decorative mirror -
  • Kitchen featuring white cabinetry with brushed nickel hardware, a white electric range, and dark wood-finish flooring -
  • Powder room featuring a white single-sink vanity, tile flooring, a decorative mirror, exposed brick accent wall, and a single wall-mounted light fixture -
  • Wood-finish flooring throughout the space -
  • Open-concept living space featuring wood-finish flooring, a kitchen with light cabinetry, a white refrigerator, and a built-in range -
  • Dedicated laundry area featuring a utility sink, patterned tile flooring, and overhead wood shelving -
  • Deck -
  • Elevated wood deck with privacy fencing, featuring a multi-step staircase and concrete patio access -