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312 Catharine Street N

Hamilton

$1,485,000

MLS®#: H4097483

6,280

SQ. FT
Amazing opportunity to purchase an investment property with a 6.5% cap rate! Two adjoining properties have been merged together to create this unique and prosperous money maker. The main floor is occupied by a well-known neighbourhood bakery which also occupies the North basement for a total rentable area of approximately 4,075 square feet. The commercial unit has a dedicated furnace and central air. The top level on the North side has a 1,848 square foot (approximate) 3 bedroom apartment with updated finishes -Kitchen with granite, stainless appliances, two 3-piece bathrooms, hardwood floor, solid core doors and more. This unit also has a large outdoor terrace, exclusive laundry, exclusive furnace & central air. The top level on the South side has a 1,109 square foot (approximate) 2 bedroom apartment with modern finishes including stainless appliances, updated 4-piece bath, and durable floors. This unit also has its own furnace, central air, exclusive laundry, and storage space in the South basement. Such a great investment with much higher rent potential and located close to the bustling James Street North district. Full property pro forma available. Buyer to due diligence on zoning, taxes, and room sizes. Dont be TOO LATE*! *REG TM. RSA (id:43989) REQUEST A SHOWING OR MORE INFORMATION NOW >>

PROPERTY TYPE :

Multi-family

STYLE :

2 Level, Multi-Unit

LOT DIMENSIONS :

45 x 120|under 1/2 acre

HEAT :

Forced air

NEIGHBOURHOOD:

Beasley

COUNTY :

Ontario


Drew Woolcott
Broker of Record

(905) 332-9223
(905) 689-3799
HTTP://www.nobodysellsmore.com
RE/MAX Escarpment Woolcott Realty Inc.
493 Dundas Street E.
Waterdown, Ontario L9B 0G7

(905) 332-9223
(905) 689-3799