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Key Facts
Key facts for 41 Albert Street
Property Type
Apartment, 3-Storey
Parking
None 0 garage, 0 parking
MLS #
X11940102
Size
-
Basement
Separate Entrance
Listed on
2025-01-24
Lot size
100 x 45.19
Tax
$15,192 /yr
Days on Market
222
Approximate Age
51-99
Maintenance Fee
-
Description
The Westside Partners are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity to acquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positioned for a new inves...tor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize the condominiumization process to sell each unit individually to end users or affordable condominium investors. Proforma for each suggested exit strategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one large renovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump for heating and cooling, separate hydro meters, with tenants paying for their own hydro.
