Fantastic Construction-Ready Residential Conversion! Permits Are Ready And Set To Be Issued Pending Fees! If You're Looking For A Profitable Redevelopment Project That Is Truly Hammer-Ready, This Is It. Plans Include Retaining Main Floor Commercial While Developing 8 New Residential Units (5 X 2-Bed, 3 X 1-Bed). Take It A Step Further By Dividing The Main Floor Into Smaller Units For A Higher Psf Lease Value. Situated Steps From A Future Lrt Station, This Building Has Significant Cashflow And Appreciation Value. If Development Isn't Your Thing, The Existing Structure Is Ready To Lease In Its Current State As Offices, Retail, Hospitality, Etc. Thanks To Generous D2 Zoning! Tremendous Potential For Investors, End-Users, And Developers Alike. Clean Phase 1 Environmental On-Hand. Plans, Proforma, And Additional Information Available Upon Request. This Amount Of Usable Square Footage Is Incredibly Rare On The Lrt Route. Don't Miss This Remarkable Opportunity!
Lt 5 Pl 214; Pt Lt 4, 6 Pl 214 As In Vm277370, S/T
Occupancy
Tenant
Possession Date
Flexible
Taxes (2023)
$9,597
Tax Type
Annual
Directions/Cross Streets
Wellington And King E
Neighbourhood
Beasley
Area
Hamilton
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
39.89 x 103.44 ft
Retail Area
3,944 ft2 divisible
Total Area
9,597 ft2
Air Conditioning
Y
Basement
Y
Garage Type
Street
Heat Type
Water Radiators
Sprinklers
Part
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Lot
Zoning
D2 - Downtown Mixed Use - Ped. Focus
Seller Property Info Statement
N
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