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$ 1,799,900
Est. payment | /mo
18 Beds
6 Baths
$ 1,799,900
Est. payment | /mo
18 Beds
6 Baths
Key Details
Property Type Condo, Townhouse
Sub Type Att/Row/Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Beasley
MLS Listing ID X12631388
Style 2-Storey
Bedrooms 18
Annual Tax Amount $8,141
Tax Year 2025
Property Sub-Type Att/Row/Townhouse
Property Description
Prime Downtown Development Gem & Income Producer. Unmissable Opportunity: Secure a high-performing asset with unparalleled future upside. This is a rare chance to acquire six side-by-side townhouses in a prime downtown location, offering immediate and significant cash flow from day one. Zero-Friction Income: Enjoy a massive annual net operating income (NOI) of $121,397 (Gross Income: $142,692). Tenants cover all utilities directly, ensuring minimal landlord overhead. Ideal Units: Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. Immediate Access: Unit #171 is vacant and ready for viewing - see the potential for yourself. Zoning already in place: The property already holds downtown zoning approval for an ambitious seven-story mixed-use development. Skip the complex initial rezoning phase and move straight to planning. Expansion Ready: The buyer has the option to pursue severance to create six individual standalone properties, or inquire about acquiring neighboring properties (potentially the entire block) for a transformative large-scale project. Vibrant Location: The surrounding area is a diverse, high-demand community, perfectly positioned for a dynamic "Live-Work-Play" concept that integrates modern residential units with ground-floor commercial space. Act Now! Whether you're seeking a strong cash-flowing asset or a large-scale development platform, this property delivers
Location
Province ON
County Hamilton
Community Beasley
Area Hamilton
Zoning D4
Rooms
Family Room No
Basement None
Kitchen 6
Interior
Interior Features Carpet Free
Cooling None, Window Unit(s)
Inclusions 6 Stoves, 6 Fridges, 6 Washers & 6 Dryers
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 16.0
Lot Depth 63.0
Building
Building Age 100+
Foundation Concrete
Others
Senior Community No
ParcelsYN No
Listed by RIGHT AT HOME REALTY
LSV GROUP
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