ATTENTION Investment Visionaries! New Year, New Opportunities. Check out this Corktown apartment building- currently 17 doors. (Converted from 12 units and can be converted back to allow for some larger units). This property has the capacity to strengthen the cap rate simply by making some enhancements such as separating hydro, cosmetically revamping units & common areas, as well as maximizing the overall space and functionality. Upgrades include but not limited to; Fire Code compliant Boiler overhauled 2021, Windows & Balcony Doors approx. 2019, Roof approx. 2014. Potential to build up a few stories (Do your own due deligence). Corktown is the old Hamilton but is transforming to include the trends and tastes of city living. Close to GO Station St. Josephs Hospital, several schools, and a rec centre, trails, art gallery & more. (id:885)
Courtesy of RE/MAX Real Estate Centre Inc.