Hamilton - Landsdale
Hamilton - Landsdale
Listed For $3,999,999
Get Pre-approvedSold Conditional
Prime Investment with Huge Upside! This property already delivers an impressive 6.34% cap rate on in-place income - and that's without counting the five vacant commercial units. Active negotiations on three of those spaces are underway, pushing projected returns to 7.5%+ once leased. The upside here is undeniable. Positioned with over 142 feet of frontage along the future LRT route, and backed by a 26-car parking lot spanning nearly an entire city block, this asset combines strong income performance with outstanding redevelopment potential. Extensively renovated, it showcases a refreshed façade with new retail glass, newer windows and roof, high-efficiency boilers, and a fully rebuilt metal fire escape - representing major capital work already completed. The residential suites feature spac
* Values are estimates only and not a guarantee of lending or affordability.