For Sale

520 UPPER SHERMAN Avenue Unit# 520, Hamilton, Ontario L8V3L8

$2,799,000

520 UPPER SHERMAN Avenue Unit# 520, Hamilton, Ontario L8V3L8 is For Sale and has a listing price of 2,799,000. The property is located in the Eastmount neighbourhood. It's been on the website for 163 Days.

  • Retail
    Property Type
  • MLS ID: 40591612
  • Office Name RE/MAX Real Estate Centre Inc, Brokerage
Property Description

Turn key opportunity For Investors & Landlords to Purchase income producing freestanding (Building) Retail Property zoned C2 located in Hamilton. Current Tenant is PT Healthcare Solutions, AAA tenant, physiotherapist Clinic situated in a prime area of Hamilton. The property is fully leased to a single tenant. Property has 10 parking Spots, 5 spots in front & 5 parking spots at the back of the building. Tenant pays all the expenses which includes utility, hydro, taxes & insurance etc. for the the period of 5 years ending in 2028 and Tenant has 3 additional renewal option and lease can be extended for another term of 5 years each after the expiry of lease term in 2028. Condition of the Building is AAA.Do not miss the opportunity. Once It’s Gone Cannot Be Replicated. Property is close to Mountain Medical Centre, Juravinski Hospital, St Peter’s Hospital, St Joseph Healthcare Hospital. (id:43137)

Property Details
  • MLS ID: 40591612
  • Price: $2,799,000
  • Transaction Types: For Sale
  • Ref ID: 26916235
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
05/19/2024 40591612 $2,899,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Eastmount
  • $876,949 Average List Price
    based on 1 year
  • 18 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.07 % Up
  • Sold (12mo) 28
  • Rented (12mo) 8

  • 1 Month Change +4.0%
  • 3 Month Change +7.8%
  • 6 Month Change +19.6%
Walkscore
Property Type Distribution
  • All Houses
    69.74%
  • Commercial
    14.76%
  • Condo
    15.5%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 None
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 19/05/2024 00:00:00
  • Zoning Y
  • Agent Name: Pat Kakar
  • Address Subdivision: 173 - Eastmount
  • Last Updated: 18/08/2024 16:06:29
Open House Dates
Want to see this property?