Property Details
14 Duke Street, Hamilton, Ontario, L8P1X1
Broker and Sales Representative
Real Estate Homeward - Gravenhurst
Cell: 416-797-6804
Tel: 705-710-1131
$4,799,999 - For sale
Multi Unit residential in Hamilton's coveted Durand neighbourhood. CHMC financing is available for this 10 unit, fully furnished apartment with premier ground floor Medical office/surgery space and 12 car rear parking. Completely restored exterior stone façade from the 1850's makes this building truly one of a kind. Steps from the Downtown GO Station with all day express service to Toronto UNION, Mississauga and Toronto International by GO Bus with GO Train in and back mornings and evenings. All residential units are fully furnished with electronic door locks and can be easily leased at new market rents for January 1st, 2024 or provided fully vacant for a new owner to set rents and install utility efficiencies. Currently, all residential units are billed to one meter and heated by a shared gas boiler. Possibility to add separate meters and put tenants on electric Heat Pumps, significantly reducing owners expenses. STRONG NOI WITH A TRUE CAP RATE ABOVE 6%! Close to St Joseph's Hospital, City Hall, and soon to be expanded Downtown Concert and Convention venues, this prime James South and August Street node will see nothing but increased demand in the future. (id:2471)
Location DescriptionURBAN
- Property Address:14 Duke Street, Hamilton, Ontario, L8P1X1
- Property Type:Multi-family
- Lot Size:59.48 x 150.25|under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Driveway:No Garage
- Parking Space Total:12
- Structure Style:Apartment
- Floor Space:9927 sqft
- Heating Type:Natural gas, Forced air, Radiant heat
- Architecture Style:3 Level, Multi-Unit
- Storeys:3
- Basement Type:Full (Partially finished)
- Foundation Type:Block, Stone
- Cooling Type:Window air conditioner
- Appliances Included:Furniture
- Rental Equipment:None
- Exterior Type:Stone
Broker and Sales Representative
Real Estate Homeward - Gravenhurst
Cell: 416-797-6804
Tel: 705-710-1131
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- Map 14 Duke Street, Hamilton, Ontario, L8P1X1
- Neighbourhood Information
14 Duke Street, Hamilton, Ontario, L8P1X1
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