Lucrative 6-unit investment opportunity with excellent cash flow potential. Located in a desirable Dundas location on a quiet cul-de-sac just a short walk to all of the shopping and restaurant amenities in the historic downtown Dundas. This 2.5 storey all-brick walk-up apartment building has been well maintained and offers some renovated units. The building has quiet, respectful tenants. Situated on a large quarter-acre property with ample parking for tenants and guests. This rare investment opportunity is presented with a 4.32% CAP rate and plenty of upside potential!
MLS# | H4200476 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 82 |
Listing Provided By | Royal Lepage State Realty | Kevin Roger Girard |
Bed(s) | 11 |
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SQ Feet | 3,192 |
Basement | Y |
Story(s) | 2 |
Units | 6 |
Acreage | 0.43 |
Golf Course | Yes |
Water Front | Yes |
Province | ON |
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County | Hamilton |
City | Dundas |
Postal Code | L9H 1E2 |
Area | Coote's Paradise |
Community Name | Coote's Paradise |
School District | Hamilton-Wentworth Catholic Dist |
Elementary School | Hamilton-Wentworth Catholic Dist |
Middle School | Hamilton-Wentworth Catholic Dist |
High School | Hamilton-Wentworth Catholic Dist |
Listing VS Median (in Coote's Paradise) | |
Price: $1,549,900 low | high Med: $849,900 SqFt: 3,192 low | high Med: 1,046 $ / SqFt: $486 low | high Med: $813 On Site: 82 low | high Med: 39.000000 |