The Investments Group is pleased to offer a rare opportunity to acquire a 21-unit multifamily asset in Hamilton’s Delta neighborhood. This property combines strong cash flow with significant value-add potential. Qualified investors can take advantage of a direct-to-CMHC financing option, allowing them to secure low-cost debt and maximize long-term returns. A zoning assessment confirms the feasibility of adding one or two additional one-bedroom units, further enhancing revenue potential. Recent renovations and proactive maintenance minimize immediate capital expenditures while providing a clear path for future growth. With strong fundamentals, scalable upside, and long-term stability, this is an institutional-quality investment opportunity. Additional information and detailed financials available upon request. (id:4069)
Address
165 & 169 PARK Row S
List Price
$5,600,000
Property Type
Multi-family
Area
Ontario
Sub-Area
Hamilton
Bedrooms
34
Floor Area
20,640 Sq. Ft.
MLS® Number
40702794
Listing Brokerage
Royal LePage Burloak Real Estate Services
Basement Area
None
Postal Code
L8K2K1
Zoning
H (Community shopping & Commercial etc)
Features
Laundry- Coin operated