Property 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.
Features
: 60'x124.9'
: Municipal
Additional Information
RE/MAX ESCARPMENT REALTY INC.
Apts-over 20 Units
Watsons Lane
218
332.87
: Gas Forced Air Closd
0
27002
: Sanitary
Part
A
$84,929
2023
31-50
Address Map
211
York
Rd
0
W80° 3' 30.7''
N43° 16' 33.8''

211 York Rd

Hamilton, Ontario L9H 1M9

$10,999,000
Listing ID #X7395424
Basic Details
Property Type : Investment
Listing Type : Sale
Listing ID : X7395424
Price : $10,999,000
Rooms : 0
Year Built : 0
Country : CA
Province : Ontario
Area : Hamilton
Municipality : Hamilton
Postal Code : L9H 1M9
Community : Cootes Paradise
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