CLICK TO PLAY VIDEO TOUR
Overview:
Number of Suites: 16
Suite Mix: 15 One-Bedrooms and 1 Bachelor
Highlights:
Motivated vendor – opportunity to buy with little cash down
Attractive assumable mortgage, very good upside potential
Well located near the heart of the Downtown Hamilton core
Easy to rent one-bedroom units, low operational costs
Tenants pay own hydro, newer windows on left and right sides
Very close proximity to transit, GO, shops, parks, restaurants, etc.
CAP RATE: 5.25%
R.O.I.% (Cash-on-Cash) 6%
R.O.I.% (After Principal Recapture) 12%
Hamilton - Hamilton, ON, Canada
