6 Kelso Street, Hamilton (Centremount) - Business for Sale
6 Kelso Street, Hamilton (Centremount), Ontario, L9A1C6
This business in Hamilton is for sale offering roughly 2,988 sq ft of space. It has been on the market 22 days, fresher than the Hamilton average of 52 days.
Description
Excellent opportunity for owner-operators, investors and developers! Situated on a prominent 120 ft. 100 ft. corner lot in Hamilton's desirable Centremount neighbourhood, this fully renovated detached bungalow offers exceptional flexibility and potential. The property benefits from legal non-conforming status for a day nursery accommodating up to 25 children, as well as a residential care facility or retirement home accommodating up to six residents. Ideal opportunity for childcare operators, retirement and residential care providers, or investors seeking a property with multiple potential uses. The interior has been extensively updated with new flooring and fresh paint throughout. The approximately 12,000 sq. ft. lot also offers potential for future residential redevelopment or severance, subject to municipal approvals. All uses, occupancy limits and development opportunities are subject to applicable municipal requirements and buyer verification. (id:66096)
Property Details
- MLS®
- X14028998
- Property Type
- Business
- Zoning
- Section Nine \"C\" Legal Nonconforming
- Bathrooms
- 4
- Parking
- 6
- Interior Size
- 2,988 ft²
- Lot Size
- 120 × 100 ft (12,000 sq ft)
- Frontage
- 120 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $9,904/yr
- Listed
- 22 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 22 days on market, against an average age of 52 days across the listings currently for sale in this city
This business in Hamilton (Centremount) has been listed for 22 days, which is 30 days fresher than the city average of 52. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L9A)
This home lists at $1,248,000, about 15.4× the local median household income of $81,000.
Carrying it typically needs a household income of about $243,778 (20% down, 25-yr amortization, stress-tested) — roughly 201% above the area median.
- Median household income
- $81,000
- Population
- 25,899
- Median age
- 40.4
- Owner / renter
- 66% / 34%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L9A)
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$1,248,000
Hamilton