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Price on request
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
86%
This modern, open-concept, one bedroom, two bathroom, loft-style apartment is dripping with style! The "Coach House Loft" offers two levels of beautiful modern decor plus all the amenities of a full private apartment including two story vaulted private entry with exposed beams, sweet sunken living room with fireplace and wine cooler, 2 piece powder room, in-suite laundry, eat-in galley kitchen with granite counter tops and state of the art appliances. Upstairs there's a large bedroom that accommodates a king size bed, has a double closet and ensuite bathroom. Part of 74 West Avenue N. - a historical Italianate Victorian home, restored and modernized and set on a quiet tree-lined downtown street. The "Coach House Loft" is tucked away at the rear of the property with its own private entry - adjacent to a shared back garden and onsite parking. There is ONE onsite parking spot available for this unit off of the rear alleyway. Water, cable, internet, and parking included. Tenant pays hydro. Offered fully or partially furnished as desired. Available November 1st! Excellent Central Hamilton location close to all amenities, shopping, restaurants, and public transit. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$71K
Annual cash flow
$-12K
Cash-on-cash
-2.69%
DSCR
0.85
Going-in cap
4.74%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
110,315
Households
46,709
Median income
$65,000
Median age
39.2
Daytime population
130,793
5-yr growth
2.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5 - 74 WEST AVENUE N, Hamilton (Beasley).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.