754 & 756 Main Street
Blakeley / Hamilton, ON L8M 1L1
About This Property
ATTENTION CASH FLOW INVESTORS - 8.5% CAP RATE = 15% ROI ON ASKING PRICE....Rare mixed-use investment offering on a high-traffic stretch of Main Street East. Two adjacent 3-storey buildings on a 9,493 SF, comprising 11 residential suites (1 bachelor, 6 one-bedroom, 4 two-bedroom) and 2 retail units at grade, plus 5 surface parking spaces. Originally constructed in 1910, the property has undergone extensive capital expenditure and in-suite renovation over recent years. Retail is anchored by two established local operators - Soapy Bubbles Laundromat, which also serves the surrounding residential community, and Big Top Family Restaurant - both contributing additional rent (TMI) toward operating costs.
Property Details
Sign in for full listing history and the exact list date.
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13760268
Listed by COMMERCIAL FOCUS REALTY INC.
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
$10,743
/month · $1,760,000 mortgage
Amortization
Total Interest
$1,462,867
Total Cost
$3,222,867
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
COMMERCIAL FOCUS REALTY INC.