34506 sqft
Fully Air Conditioned
$10,999,000
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. (id:29555)
Business
Business Type
|
Residential |
Business Sub Type
|
Apartments |
Property Details
MLS® Number
|
X5921396 |
Property Type
|
Multi-family |
Community Name
|
Cootes Paradise |
Amenities Near By
|
Highway, Public Transit |
Building
Cooling Type
|
Fully Air Conditioned |
Fireplace Present
|
No |
Size Interior
|
34506 Sqft |
Type
|
Multi-family |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Highway, Public Transit |
Sewer
|
Sanitary Sewer |
Size Irregular
|
332.87 X 218 Ft ; Irregular |
Size Total Text
|
332.87 X 218 Ft ; Irregular |
https://www.realtor.ca/real-estate/25522060/211-york-rd-hamilton-cootes-paradise