ON > Hamilton
Hamilton, ON L8M 2Y1,41 Albert Street
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Hamilton, ON L8M 2Y1,41 Albert Street
Hamilton, ON L8M 2Y1,41 Albert Street
Hamilton, ON L8M 2Y1,41 Albert Street
Hamilton, ON L8M 2Y1,41 Albert Street
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Christine Caparello

Christine Caparello

+1(905) 462-2775
Listed by Keri Brownrigg • TrilliumWest Real Estate Brokerage
$ 3,500,000
Est. payment /mo
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Price Dropped by $100K

41 Albert Street Hamilton, ON L8M 2Y1

16 Beds

11 Baths

9,117 SqFt

UPDATED:

02/21/2025 02:45 PM

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,117 sqft

Price per Sqft $383

MLS Listing ID 40692762

Bedrooms 16

Abv Grd Liv Area 9,117

Originating Board Waterloo Region

Annual Tax Amount $15,192

Property Sub-Type Apartment

Property 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 investor 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.

Location

Province ON

County Hamilton

Area 22 - Hamilton Centre

Zoning D

Direction Gage Ave. S. & Main St. E.

Rooms

Basement Full, Finished

Kitchen 0

Interior

Interior Features Other

Heating Heat Pump

Cooling None

Fireplace No

Laundry Common Area

Exterior

Roof Type Flat

Lot Frontage 100.2

Lot Depth 45.19

Garage No

Building

Lot Description Other

Faces Gage Ave. S. & Main St. E.

Story 3

Foundation Block, Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Block,Stone

New Construction No

Others

Senior Community No

Tax ID 182530002

Ownership Freehold/None

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41 Albert Street