211 York Rd

Investment | 0   | 0    | 0 sqft

$10,999,000

Cootes Paradise,Hamilton,Ontario, L9H 1M9

211 York Rd, Hamilton Investment Photos

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Property Info
MLS®: X7395424
Style of House: other
Bedrooms: 0
Bathrooms: 0
Last Updated: 2024-04-06
List Price: $10,999,000
Strata Fee: $0.00
Floor Area: 0 sq. ft
Unit Price: $10,999,000/sq. ft
Lot Size: 72565.66
Built Year: 31-50
Tax Amount $84,929/Year
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Description

39 RESIDENTIAL UNITS, PLUS 4 COMMERCIAL UNITS IN SOUGHT AFTER, DUNDAS! This property is situated at the corner of York Road and Watsons Lane, overlooking Lake Jojo, and offers over 35,000 square feet of residential and commercial space. The ground floor has been newly renovated into 17 studio apartments, a commercial kitchen, plus 3 commercial units. 63% of commercial space has been leased, long-term at market rent. The second floor offers 22 apartment units (20- 2 bedroom, 2-1 bedroom), leased below market rents and with lots of upside for the next owner. Attractive financing available through CMHC, as this property offers over 70% residential use. Two parking lots and over 50 parking stalls. Proforma available upon request.

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