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MLS® X14125674
Hamilton, ON
Incredible low-maintenance investment offered at a massive 6.8% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return!
Broker
Corcoran Horizon Realty
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Investment
289-293 KENILWORTH Avenue N Hamilton
Hamilton
Type
Investment
Parking
None
Property Tax
~$11,195/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
4200 sqft
Parking
None
Finances
List Price
$1,598,000
Price per SQFT
$380/sqft
Property Tax
~$11,195/yr
Property Specs
Property Type
Investment
MLS Size
4200 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Hamilton
Listed On
Oct 28, 2026
Public Transit
Days on Market
Current: 10 days
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