66 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1

MLS® # X12550450

Investment For Sale In Corktown, Hamilton, Ontario

$1,649,000

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66 Wellington Street S, Hamilton, ON - Outdoor With Deck Patio Veranda

66 Wellington Street S, Hamilton, ON - Outdoor

66 Wellington Street S, Hamilton, ON - Indoor Photo Showing Kitchen

66 Wellington Street S, Hamilton, ON - Indoor Photo Showing Bedroom

66 Wellington Street S, Hamilton, ON - Indoor Photo Showing Bathroom

66 Wellington Street S, Hamilton, ON - Indoor Photo Showing Other Room

66 Wellington Street S, Hamilton, ON - Indoor

66 Wellington Street S, Hamilton, ON - Indoor Photo Showing Basement

66 Wellington Street S, Hamilton, ON - Indoor Photo Showing Living Room

66 Wellington Street S, Hamilton, ON - Indoor Photo Showing Laundry Room

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66 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1

$1,649,000

Property Information:

Turn-Key 9-Unit Multiplex Prime Investment Opportunity!Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $161,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike.Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential.Property Highlights:Gross Annual Revenue: Approx. $161,000 Renovated Units: Modern finishes and upgrades throughout Excellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Air Conditioning: Yes
Basement Development: Finished
Basement Type: N/A, N/A
Exterior Finish: Brick
Floor Space: 3500 - 5000 sqft
Foundation Type:
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: Wall unit

Property Features:

Property Type: Multi-family
Bedrooms: 7+2
Bathrooms: 9
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Lot Depth: 134.5 Feet
Lot Frontage: 36.6 Feet
Lot Size: 36.6 x 134.5 FT
Sewer: Sanitary sewer
Parking Type: No Garage

Courtesy of: RE/MAX ABOUTOWNE REALTY CORP.

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Market Price Trends

All Properties

-3.19%

Price change (1 year)

14.74%

Price change (5 years)

Location of 66 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 66 WELLINGTON STREET S , experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past

32.1℃

2050

35.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 66 WELLINGTON STREET S , experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past

306.7mm

2050

381.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 66 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$88,954.95

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.96 %

High school certificate or equivalent

28.22 %

Apprenticeship trade certificate/diploma

4.3 %

College/non-university certificate

20.33 %

University certificate (below bachelor)

0.7 %

University Degree

26.49 %

Commuter

Travel To Work

By Car

55.2 %

By Public Transit

25.19 %

By Walking

14.86 %

By Bicycle

0.49 %

By Other Methods

4.26 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

86.6 %

Houses

13.4 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

All Properties

Location of 66 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 66 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

66 WELLINGTON STREET S, Hamilton, Ontario, L8N 2R1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing