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937 Fennell Avenue E

Fennell Ave E, Raleigh, Hamilton, ON, L8V 1W9

-
Beds
-
Baths
3,369
Sq. Ft.
$1,299,900
List Price
Details
Photos
45
Comparables
History
937 Fennell Avenue E, Hamilton, ON - 1 of 3
937 Fennell Avenue E, Hamilton, ON - 2 of 3
937 Fennell Avenue E, Hamilton, ON - 3 of 3
40 days on market

Quick Summary

  • Solid updated triplex with commercial and residential units
  • Anchor restaurant tenant with long-term lease until 2027
  • Professionally upgraded successful commercial restaurant
  • Month-to-month residential units with good returns
  • Seller offers first VTB with 25% down and 7% rate
  • No extra lender fees on VTB financing
  • Building recently fire retrofitted and park fee paid
  • Opportunity to invest in easy blue-chip savings plan

MULTI UNIT INVESTMENT PROPERTY WITH BIG VTB AVAILABLE!!! Solid updated triplex (one commercial unit and two residential units) with anchor restaurant tenant and solid lease until late 2027. Owner updated residential units and professionally upgraded successful commercial restaurant tenant. Both residential units are month to month with... Show More

MULTI UNIT INVESTMENT PROPERTY WITH BIG VTB AVAILABLE!!! Solid updated triplex (one commercial unit and two residential units) with anchor restaurant tenant and solid lease until late 2027. Owner updated residential units and professionally upgraded successful commercial restaurant tenant. Both residential units are month to month with good returns. Interesting investment opportunity in that the seller is willing to hold a first VTB with only a minimum of 25% down for 2 yrs and a very business friendly 7% lending rate WITH NO EXTRA LENDER FEES!!!!! Seller is very interested in selling before the new Capital Gains regulations take effect so don't wait to act! Building has recently be fire retrofit upgraded and the properties one time Park Dedication fee applicable to 2024 taxes has been owner paid already. GREAT OPPORTUNITY TO INVEST IN AN EASY BLUE CHIP SAVINGS PLAN WITH BETTER FUTURE RETURNS. (id:54626)

Property Details

Size

3,369 sq. ft.
across 2 floors
0 Beds
0 Baths

Parking

6 Parking Spaces
No Garage

Lot

Size
623′12″ * 1440′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Stucco, Vinyl siding, Wood
Foundation
Poured Concrete
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
H4193945
Last Updated
May 17, 2024
Brokerage
Coldwell Banker Flatt Realty Inc.
Powered by: REALTOR.ca
Call us 800-591-0566

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