216 Dundurn Street
Kirkendall / Hamilton, ON L8P 4K3
About This Property
Attention Investors, Developers & Business Owners! Exceptional opportunity to acquire a prominent corner property on Dundurn Street South in Hamilton's rapidly evolving southwest corridor. Zoned C6, this versatile property offers a wide range of permitted uses, including the ability to continue operating as an automotive repair and auto sales business, while presenting exciting future redevelopment potential. The property features a detached garage measuring 51'6" x 36' width 14'6" ceiling height, three service bays, office space and 2-piece washroom. Also included is a separate 2.5 storey brick house with a full basement. The main floor is currently configured as 2 office spaces, while the second floor contains a one-bedroom apartment occupied by excellent tenants. Current rental income is approximately $2,800 per month. Ideally located with convenient highway access and surrounded by ongoing development, employment lands, and some of Hamilton's most sought-after neighbourhoods, this property offers outstanding live/work, investments or development possibilities. Phase 1 Environmental Assessment completed. Vendor may consider holding financing for a qualified purchaser. Limited access due to ongoing business operations.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13675112
Listed by REALTY NETWORK
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$9,254
/month · $1,516,000 mortgage
Amortization
Total Interest
$1,260,060
Total Cost
$2,776,060
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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