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Home ON Greater Hamilton Hamilton Old Hamilton Centremount
570 UPPER WELLINGTON STREET
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570 UPPER WELLINGTON STREET $1,799,900
$1,799,900
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570 UPPER WELLINGTON STREET
Hamilton, Ontario L9A3P9

MLS® Number: X8372572

Listing Description

Investment opportunity on Hamilton Mountain! This property features six well-maintained residential units & 1 commercial lease, all fully tenanted, ensuring immediate rental income. Additionally, the property includes a billboard lease, further enhancing the income potential. Impressive overall cap rate of 6.05%, this property promises substantial returns. The residential units offer a mix of layouts 2- 2 bedrooms, 3- 1 bedrooms & 1 Bachelor, catering to diverse tenant needs, and are situated in a desirable neighborhood with easy access to amenities, public transport, and major highways. 8 parking spots. Don't miss out on this exceptional opportunity to expand your portfolio with a property that combines stability, growth potential, and a prime location on Hamilton Mountain. (35317107)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Centremount
Land Size
50 x 127 FT
Annual Property Taxes
$9,472
Total Parking Spaces
8
Time on REALTOR.ca
39 days

Building

Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
8

Measurements

Square Footage
5500 sqft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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