3 Webber Ave - Apartments FOR SALE


Hamilton, ON L8N 1W3- Hamilton Downtown A
$1,700,000 CAD
905-634-7755
3 Webber Ave, Hamilton, ON for Sale
$1,700,000 CAD
Apartments - FOR SALE
1/3
null | Request Cap Rate

3 Webber Ave
Hamilton, ON L8N 1W3
Hamilton Downtown A


HIGHLIGHTS

  • Prime 8-unit multifamily investment
  • Recent capital improvements enhance value
  • Desirable Stinson neighborhood in Hamilton
  • Close to GO Centre, amenities

OVERVIEW

The Investments Group is excited to present a prime opportunity to acquire an 8-unit, purpose-built multifamily asset in Hamilton's highly desirable Stinson neighborhood. Just minutes from the Hamilton GO Centre, Hamilton General Hospital, and downtown amenities, this property offers exceptional connectivity and convenience for tenants. The well-maintained, three-story brick and concrete building consists of six two-bedroom units and two one-bedroom units, all separately metered for hydro, providing a strong in-place cash flow with significant upside potential. Recent capital improvements, including upgraded windows, a new roof, and front porch enhancements, reduce near-term expenses and enhance the long-term stability of the asset.

FOR SALE DETAILS

PRICE

$1,700,000 CAD

PRICE/SF

$265 CAD /SF

# OF UNITS

8

PRICE/UNIT

$212,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1949

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,302 SF

ZONING

-

APN/PARCEL ID

251803020602370

ASK ABOUT THIS PROPERTY

Jacob CampagnaroRoyal LePage Burloak Real Estate ServicesMore Info
905-634-7755

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jacob CampagnaroRoyal LePage Burloak Real Estate ServicesMore Info
905-634-7755

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.