FOR SALE
$2,150,000
4 Hamilton, Barrie, ON, L4N 8Y5
2
4980
About the Property
Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property.
Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.
About the Property
Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property.
Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.
Property Details
MLS#:
X13579598
Status:
For Sale
Property Type:
Investment
Central A/C:
No
Bedrooms:
Heating Fuel:
Baseboard
Bathrooms:
Heating Type:
Baseboard
Parking:
Cross Street:
West on Dundas St - North on Hamilton St
Basement:
Property Details
MLS#:
X13579598
Status:
For Sale
Property Type:
Investment
Central A/C:
No
Bedrooms:
Heating Fuel:
Baseboard
Bathrooms:
Heating Type:
Baseboard
Parking:
Cross Street:
West on Dundas St - North on Hamilton St
Basement:
Maintenance:
Exterior:
Possession Date:
Jan 1, 2027
Presented By:
Royal LePage Real Estate Services Ltd., Brokerage
Maintenance:
Exterior:
Possession Date:
Jan 1, 2027
Presented By:
Royal LePage Real Estate Services Ltd., Brokerage