289-293 KENILWORTH Avenue

289-293 KENILWORTH Avenue, Hamilton, ON L8H 4S8
0 Days Back Posted
Sell

$1,598,000

Overview

Type:

Investment

Area:

sq ft (Living Area)

Beds:

0 Bedrooms

Baths:

0 Bathrooms

Furnished:

No

Parking:

None

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!

Property Units

Land

1 Unit
  • $1,598,000 0 Bath N/A sq ft (Living Area) Oct 28th 2026

Property Details

  • Property Type: Commercial
  • Property Sub Type: Investment
  • Lease Terms: N/A
  • Parking Spots: 0
  • Short Term: No
  • Furnished: No
  • Year Built: N/A
  • # of Floors: N/A
  • # of units: 1
  • MLS: X14125674

Features

Public Transit

Nearby Amenities

  • Schools
  • Bus Stations
  • Restaurants
  • Pharmacies
  • Gyms
  • Supermarkets
  • Hospitals
  • Parks
  • Cafes
  • Convenience Stores
  • Gas Stations
  • Laundromats
  • Bars
  • Banks

May lee

Sales Representative At Right At Home Realty

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