L8R1M9 Real Estate

L8R1M9 Real Estate

Welcome to the vibrant community nestled in the heart of Ontario, Canada, with the zip code L8R1M9. This area is a hidden gem that offers a unique blend of urban convenience and natural beauty, making it a perfect place for families, professionals, and retirees alike.

L8R1M9 is strategically located in Hamilton, a city known for its rich history and diverse culture. This neighborhood boasts an array of amenities, including trendy cafes, local boutiques, and bustling markets. Residents enjoy easy access to public transportation, making it a breeze to commute to nearby cities or explore the stunning landscapes of the Niagara Escarpment.

For families, L8R1M9 offers an excellent selection of schools, parks, and recreational facilities. The nearby waterfront is perfect for weekend strolls, while numerous hiking and biking trails provide endless opportunities for outdoor adventures. Additionally, the community hosts various events throughout the year, fostering a strong sense of belonging among residents.

The real estate market in L8R1M9 is thriving, with a mix of charming historic homes and modern condos. Whether you're a first-time buyer or looking to invest, this area presents attractive options that cater to different lifestyles and budgets.

In summary, L8R1M9 is more than just a zip code; it’s a vibrant community that embodies the spirit of Ontario living. With its perfect blend of convenience, culture, and natural beauty, it’s an ideal place to call home. Come explore the possibilities and discover why so many are drawn to this wonderful neighborhood!

Newest Listings in L8R1M9

$2,500,000
X13787708 MLS® #
INVESTMENT OPPORTUNITY | 7 MIXED-USE UNITS | 5.62% CAP RATE | $175,740 SCHEDULED ANNUAL GROSS INCOME. 45 Wellington Street N presents a rare opportunity to acquire a fully converted, income-producing mixed-use property featuring 5 residential units, 2 commercial units and additional storage income, creating a diversified revenue stream in one of Hamilton's rapidly evolving urban corridors.Fully tenanted, the property generates approximately $14,645/month in scheduled gross income, or $175,740 annually, and is offered at an attractive 5.62% capitalization rate.Extensive capital improvements include updated HVAC, plumbing and electrical systems, framing and insulation, spray foam insulation, separate hydro metering, roof and windows, on-site parking, a new garden suite, new walk-in cooler and water-powered metal fire escape, plus numerous additional upgrades.Potential financing opportunity: positioned for a potential $2M CMHC take-out under 100-point MLI Select, incorporating affordability and energy-efficiency considerations, with an estimated 9.6% cash-on-cash return, including the applicable default insurance premium.Strategically located near major transit, established amenities, employment centres and significant ongoing redevelopment, the property is well positioned to benefit from Hamilton's continued urban intensification and growth.D1 zoning provides flexibility and additional future opportunity. With diversified income, extensive improvements, an attractive cap rate and potential CMHC financing strategy, 45 Wellington Street N offers investors a compelling opportunity for current cash flow and long-term value creation.A distinctive Hamilton investment property offering scale, income and significant future potential. (id:5764)

45 Wellington Street North, Hamilton (Beasley)

Listing courtesy of REVEL REALTY INC..

$2,500,000
5 Beds ⋅ 5 Baths ⋅ 40863615 MLS® #
INVESTMENT OPPORTUNITY | 7 MIXED-USE UNITS | 5.62% CAP RATE | $175,740 SCHEDULED ANNUAL GROSS INCOME. 45 Wellington Street N presents a rare opportunity to acquire a fully converted, income-producing mixed-use property featuring 5 residential units, 2 commercial units and additional storage income, creating a diversified revenue stream in one of Hamilton’s rapidly evolving urban corridors. Fully tenanted, the property generates approximately $14,645/month in scheduled gross income, or $175,740 annually, and is offered at an attractive 5.62% capitalization rate. Extensive capital improvements include updated HVAC, plumbing and electrical systems, framing and insulation, spray foam insulation, separate hydro metering, roof and windows, on-site parking, a new garden suite, new walk-in cooler and water-powered metal fire escape, plus numerous additional upgrades. Potential financing opportunity: positioned for a potential $2M CMHC take-out under 100-point MLI Select, incorporating affordability and energy-efficiency considerations, with an estimated 9.6% cash-on-cash return, including the applicable default insurance premium. Strategically located near major transit, established amenities, employment centres and significant ongoing redevelopment, the property is well positioned to benefit from Hamilton’s continued urban intensification and growth. D1 zoning provides flexibility and additional future opportunity. With diversified income, extensive improvements, an attractive cap rate and potential CMHC financing strategy, 45 Wellington Street N offers investors a compelling opportunity for current cash flow and long-term value creation. A distinctive Hamilton investment property offering scale, income and significant future potential. (id:5764)

45 WELLINGTON Street North, Hamilton

Listing courtesy of Revel Realty Inc..

$2,500,000
40863603 MLS® #
INVESTMENT OPPORTUNITY — $2,500,000 | 7 MIXED-USE UNITS | 5.62% CAP RATE | $175,740 SCHEDULED ANNUAL GROSS INCOME. 45 Wellington Street N presents a rare opportunity to acquire a fully converted, income-producing mixed-use property featuring 5 residential units, 2 commercial units and additional storage income, creating a diversified revenue stream in one of Hamilton’s rapidly evolving urban corridors. Fully tenanted, the property generates approximately $14,645/month in scheduled gross income, or $175,740 annually, and is offered at an attractive 5.62% capitalization rate. Extensive capital improvements include updated HVAC, plumbing and electrical systems, framing and insulation, spray foam insulation, separate hydro metering, roof and windows, on-site parking, a new garden suite, new walk-in cooler and water-powered metal fire escape, plus numerous additional upgrades. Potential financing opportunity: positioned for a potential $2M CMHC take-out under 100-point MLI Select, incorporating affordability and energy-efficiency considerations, with an estimated 9.6% cash-on-cash return, including the applicable default insurance premium. Strategically located near major transit, established amenities, employment centres and significant ongoing redevelopment, the property is well positioned to benefit from Hamilton’s continued urban intensification and growth. D1 zoning provides flexibility and additional future opportunity. With diversified income, extensive improvements, an attractive cap rate and potential CMHC financing strategy, 45 Wellington Street N offers investors a compelling opportunity for current cash flow and long-term value creation. A distinctive Hamilton investment property offering scale, income and significant future potential. (id:5764)

45 WELLINGTON Street North, Hamilton

Listing courtesy of Revel Realty Inc..

$50,000
1 Baths ⋅ X13777946 MLS® #
Excellent opportunity for an established beauty, aesthetics or wellness professional looking to expand or take over an existing operation in Hamilton. The business offers an existing setup with professional equipment, fixtures and furnishings in place, allowing a qualified buyer to build on the current operation rather than starting from scratch. Ideal for an owner-operator, beauty professional or an existing salon/clinic looking to expand their services and client offering. (id:5764)

45 Wellington Street North, Hamilton (Beasley)

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC..

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