41 Albert Street, Hamilton, Ontario L8M 2Y1

Listed for:
$3,199,000
16 beds
11 baths
Listed 78 days ago
41 Albert Street, Hamilton, Ontario L8M 2Y1

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Learn more about this property
Listing provided by:
TrilliumWest Real Estate Brokerage
MLS® number:
40764997
Agent:
Samantha Ramos
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About

Gage Ave. S. & Main St. E. Presenting on behalf of the Lender in Possession through Power of Sale: an exceptional opportunity to acquire a 13-unit, condominiumized multi-residential property at 41 Albert Street in Hamilton, Ontario. This turn-key asset offers multiple exit strategies ; complete the final unit renovation and refinance as a long-term hold, or advance the condominiumization process and sell units individually to end users or affordable housing investors. The property includes 11 fully renovated one-bedroom apartments and one large four-bedroom apartment, all featuring laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and quality finishes. Each suite is equipped with its own ductless split system for heating/cooling, separate hydro meter, and tenants pay their own hydro. (id:27476)

Property Highlights

MLS® Number
40764997
Type
Multi-family
Ownership Type
Freehold
Land Size
1/2 - 1.99 acres

Building

Storeys
3.00
Square Footage
9117 sqft
Bathrooms Total
11
Bedrooms Total
16
Exterior Finish
Concrete, Stone
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Heat Pump
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location