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65 MOUNT ALBION Road Unit# 1-8, Hamilton — listed at $2,399,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
An exceptional and highly versatile investment opportunity awaits in a prime Hamilton location with this unique real estate package, featuring eight contiguous condominium units on Mount Albion Road offered entirely as a single portfolio block. Identified legally under Wentworth Condominium Plan Number 302, this entire multi-unit row asset consists of units one through eight, presenting a rare chance for a savvy landlord or investor to command a significant portion of an established condominium community. Three of the units have been completely renovated and are ready for immediate occupancy or premium rental rates, while the remaining five units provide an excellent value-add proposition through personalized updates and strategic renovations. According to the structural and exclusive-use framework verified in the registered plan of survey, each individual property benefits from distinct, dedicated boundaries including built-in lower-level garage parking and assigned front and rear yard exclusive-use common elements. This portfolio delivers ultimate exit flexibility, allowing an investor to generate immediate, scalable cash flow by operating the properties as high-yield rental units under the corporation’s clear tenancy guidelines, or to maximize capital gains by sequentially divesting the individual units into Hamilton's active retail resale market. (id:60164)
Is 65 MOUNT ALBION Road Unit# 1-8 a good fit for a growing family?+
With 24 bedrooms and 16 bathrooms (1068 sq ft), there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 16 spaces — Attached Garage.
What makes this a luxury property?+
At $2,399,900, standout features include 1068 sq ft, 16 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
How is the space laid out across floors?+
This is a 3-storey multi-family. The 24 bedrooms and 16 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
How is the home heated? Is it efficient?+
Heating is baseboard heaters. Ask for past utility bills to understand real heating costs.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $19,228.96, heating is baseboard heaters. Always verify the latest figures with your agent before making an offer — these change yearly.
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