280 Weir Street North, Hamilton (Homeside), Ontario, L8H5G3



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$2,100,000
Hamilton
This multi-family property in Hamilton is for sale offering roughly 7,815 sq ft of space.
Excellent opportunity to own a well-maintained 11-unit apartment building in Hamilton. Offering 10 one-bedroom units and 1 two-bedroom unit, this income-producing property features individual hydro metering, coin-operated laundry, and an 11-car surface parking lot for added tenant convenience. Five of the units have been recently renovated, providing strong rental appeal and excellent income potential. Conveniently located close to parks, schools, shopping, public transit, and major highway access, this is a fantastic addition to any investment portfolio. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 121 days on market, against an average age of 54 days across the listings currently for sale in this city
This multi-family in Hamilton (Homeside) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,100,000, about 30.0× the local median household income of $70,000.
Carrying it typically needs a household income of about $410,204 (20% down, 25-yr amortization, stress-tested) — roughly 486% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8H)
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Loading rates, 30-yr amortization
Cash Needed to Close
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