41 Albert Street Hamilton, ON L8M 2Y1
Listing Courtesy of: TORONTO IDX / Trilliumwest Real Estate Brokerage Ltd

  41 Albert Street Hamilton, ON L8M 2Y1

Active
$3,400,000
16
BED
13
BATH

Description

We are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity to acquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positioned for a new investor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize the condominiumization process to sell each unit individually to end users or affordable condominium investors. Proformas for each suggested exit strategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one large renovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump for heating and cooling, separate hydro meters, with tenants paying for their own hydro.

MLS®:
X12042438
Taxes
$15,192(2024)
Type
Multifamily
Style
3-Storey
County
Hamilton
Community
Blakeley

Listed By

Trilliumwest Real Estate Brokerage Ltd
Source
TORONTO IDX
Last checked Apr 26 2025 at 5:33 PM GMT+0000
Bathroom Details
Interior Features
  • None
Property Features
  • Foundation: Concrete Block
Heating and Cooling
  • Other
  • Window Unit(s)
Basement Information
  • Separate Entrance
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Flat
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Stories
  • 3
Location
   
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Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/26/25 10:33