For Sale

570 UPPER WELLINGTON Street, Hamilton, Ontario L9A3P9

$1,799,900

570 UPPER WELLINGTON Street, Hamilton, Ontario L9A3P9 is For Sale and has a listing price of 1,799,900. The property is located in the Inch Park neighbourhood. It's been on the website for 4 Days.

  • Other
    Property Type
  • 8
    Parking Spaces
  • MLS ID: XH4195164
  • Office Name RE/MAX Escarpment Golfi Realty Inc.
Property Description

Investment opportunity on Hamilton Mountain! This property features six well-maintained residential units & 1 commercial lease, all fully tenanted, ensuring immediate rental income. Additionally, the property includes a billboard lease, further enhancing the income potential. Impressive overall cap rate of 6.05%, this property promises substantial returns.The residential units offer a mix of layouts 2- 2 bedrooms, 3- 1 bedrooms & 1 Bachelor, catering to diverse tenant needs, and are situated in a desirable neighborhood with easy access to amenities, public transport, and major highways. 8 parking spots. Don’t miss out on this exceptional opportunity to expand your portfolio with a property that combines stability, growth potential, and a prime location on Hamilton Mountain. (id:43137)

Property Details
  • MLS ID: XH4195164
  • Price: $1,799,900
  • Transaction Types: For Sale
  • Ref ID: 27429532
  • Year Built: N/A
  • Property Type: Other
  • Property Type: Condo
  • Property Sub Category: Locker and Other
Price History
List Date MLS ID List Price Status End Date Closed Price
07/17/2024 X9048901 $248,800 For Sale - -
05/24/2024 XH4195164 $1,799,900 For Sale - -
03/24/2023 40393393 $179,000 - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Inch Park
  • $768,914 Average List Price
    based on 1 year
  • 23 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.27 % Up
  • Sold (12mo) 28
  • Rented (12mo) 3

  • 1 Month Change +11.5%
  • 3 Month Change +25.6%
  • 6 Month Change +13.8%
Walkscore
  • 82 Walk Score
    Very Walkable
  • 61 Transit Score
    Good Transit
  • 61 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    80.95%
  • Commercial
    13.1%
  • Condo
    4.17%
  • Land for Sale
    1.79%
Additional Details
  • Sewers No Sewage System
  • Heating System No Heat
  • Water Municipal Water
  • Total Parking Spaces: 8
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/05/2024 00:00:00
  • Zoning Ep And Rr
  • Agent Name: Rob Golfi
  • Address Subdivision: 171 - Centremount
  • Last Updated: 17/09/2024 19:20:39
Open House Dates
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