Homes for sale - 21 WELLINGTON STREET N, Hamilton (beasley), ON L8R...

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$4,299,000

Est. payment - /mo

13,916 SqFt

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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 13,916 sqft

Price per Sqft $308

Subdivision Beasley

MLS® Listing ID X9343316

Originating Board Toronto Regional Real Estate Board

Property Description

Excellent investment opportunity that offers both cashflow and development potential. Located right at one of the key future light rail stations, this property includes a nearly 14,000 square foot mixed-use building and a large 40+ car parking lot. A large usable basement offers additional square footage and opportunity. With several strong anchor tenants that include F45 Training, Red Rockets BBQ, and a large office tenant, there is plenty of quick upside to be realized by leasing several turn-key vacant units. In addition to the commercial units, there are four fantastic 2-storey residential lofts occupied by excellent tenants. With exposed brick and beautiful post and beam construction, this building is full of desirable urban character. With a highly flexible Downtown Mixed Use D3 Zoning, the permitted uses and development scenarios for this site are varied and plentiful. Optimize or even expand the existing building, and/or let the property carry itself while going through development planning and approvals. This is a rare opportunity to acquire a large parcel within steps of a major LRT hub! (id:24570)

Location

Province ON

Interior

Heating Forced air

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 40

Private Pool No

Read Less Info

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

+1(250) 882-3335

alex@victoriahomes.com

21 WELLINGTON STREET N Hamilton (beasley), ON L8R1M7