1489 Upper Gage Avenue presents a rare opportunity to acquire a fully occupied, institutional-quality multi-residential asset on Hamilton Mountain. The property is an immaculate four-storey adult-living apartment building situated on a prominent corner lot, offering strong visibility, excellent access, and long-term stability. The building comprises 59 well-maintained rental units, predominantly one-bedroom suites, catering to stable, long-tenured tenants and consistent cash flow.
Designed with durability and efficiency in mind, the property features geothermal heating and cooling, providing energy efficiency and reduced operating volatility. Common areas are well kept and include a large party room with a full commercial-style kitchen, a welcoming foyer with seating areas, and ample on-site parking. The landscaped grounds further enhance tenant retention and curb appeal.