84 Proctor Boulevard, Hamilton (Gibson), Ontario, L8M2M4




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$1,659,000
Hamilton
This multi-family property in Hamilton is for sale offering roughly 4,250 sq ft of space. It has been on the market 51 days, fresher than the Hamilton average of 87 days.
Excellent investor opportunity.Fully leased residential 8 unit bulding with excellent income. Six 2 bedroom and two 1 bedroom apartments. Large layouts. 2 parking spaces. Many upgrades including, new furnaces, new roof, renovated suites, coin op laundry, 9 hydro meters, tenants pay gas and hydro (individually metered) This is a turn key investment property on a beautiful boulevard. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 87 days across the listings currently for sale in this city
This 14-bed multi-family in Hamilton (Gibson) has been listed for 51 days, which is 36 days fresher than the city average of 87. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,659,000, about 27.1× the local median household income of $61,200.
Carrying it typically needs a household income of about $324,061 (20% down, 25-yr amortization, stress-tested) — roughly 430% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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