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List Price: $3,400,000

41 Albert Street, Hamilton, L8M 2Y1

- By Trilliumwest Real Estate Brokerage Ltd
Multiplex|MLS - #X12042438|New
16 Bed
13 Bath
None Garage

Client Remarks

We are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity to acquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positioned for a new investor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize the condominiumization process to sell each unit individually to end users or affordable condominium investors. Proformas for each suggested exit strategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one large renovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump for heating and cooling, separate hydro meters, with tenants paying for their own hydro.
Property Description

41 Albert Street, Hamilton, L8M 2Y1

Property type

Multiplex

Lot size

N/A acres

Style

3-Storey

Approx. Area

N/A Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Separate Entrance

Building size

N/A

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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41 Albert Street, Hamilton, L8M 2Y1
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

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