The Investments Group is pleased to offer a rare opportunity to acquire a 21-unit multifamily asset in Hamiltons Delta neighborhood. This property combines strong cash flow with significant value-add potential. Qualified investors can take advantage of a direct-to-CMHC financing option, allowing them to secure low-cost debt and maximize long-term returns. A zoning assessment confirms the feasibility of adding one or two additional one-bedroom units, further enhancing revenue potential. Recent renovations and proactive maintenance minimize immediate capital expenditures while providing a clear path for future growth. With strong fundamentals, scalable upside, and long-term stability, this is an institutional-quality investment opportunity. Additional information and detailed financials available upon request. |
Price | $5,250,000 |
Taxes: | $45927.71 |
Assessment Year: | 2025 |
Occupancy: | Tenant |
Address: | 165 & 1 Park Row , Hamilton, L8K 2K1, Hamilton |
Directions/Cross Streets: | King Street E & Park Row S |
Rooms: | 35 |
Bedrooms: | 35 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | None |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Multiplex |
Style: | 3-Storey |
Exterior: | Brick |
Garage Type: | None |
Drive Parking Spaces: | 10 |
Pool: | None |
Approximatly Square Footage: | 5000 + |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Radiant |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Septic |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES |
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Type: | Freehold - Multiplex |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Delta |
Style: | 3-Storey |
Lot Size: | x 120.00(Feet) |
Approximate Age: | |
Tax: | $45,927.71 |
Maintenance Fee: | $0 |
Beds: | 35 |
Baths: | 21 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |