$10,999,000 FOR SALE

Investment

Lot: 332.87 x 218 ftTotal Area: 34,506 ft2
2023 Taxes: $84,929

211 York Rd
Hamilton, ON L9H 1M9 | Cootes Paradise

39 RESIDENTIAL UNITS, PLUS 4 COMMERCIAL UNITS IN SOUGHT AFTER, DUNDAS! This property is situated at the corner of York Road and Watsons Lane, overlooking Lake Jojo, and offers over 35,000 square feet of residential and commercial space. The ground floor has been newly renovated into 17 studio apartments, a commercial kitchen, plus 3 commercial units. 63% of commercial space has been leased, long-term at market rent. The second floor offers 22 apartment units (20- 2 bedroom, 2-1 bedroom), leased below market rents and with lots of upside for the next owner. Attractive financing available through CMHC, as this property offers over 70% residential use. Two parking lots and over 50 parking stalls. Proforma available upon request.

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Listed By RE/MAX ESCARPMENT REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X7395424
Last Updated Mar 06, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - Over 20 Units
Category Apartment
PIN 174710259
Occupancy Tenant
Possession Date flexible
Taxes (2023) $84,929
Tax Type Annual
Directions/Cross Streets Watsons Lane
Neighbourhood Cootes Paradise
Area Hamilton
Price History
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Detailed Information
Freestanding Y
Lot 332.87 x 218 ft
Lot Irregularities Irregular
Retail Area 7,504 ft2
Office/Apt Area 27,002 ft2
Total Area 34,506 ft2
Approximate Age 31-50
Elevator None
Air Conditioning Y
Garage Type None
Heat Type Gas Forced Air Closd
Area Influences Major Highway, Public Transit
Sewers Sanitary
Utilities Y
Water Municipal
Rail N
Lot/Bldg/Unit Code Lot
Zoning 12
Seller Property Info Statement N

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