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Listed by Trilliumwest Real Estate Brokerage Ltd.
41 Albert Street is a Multiplex, 3-Storey and is currently for Sale @ $3,400,000. Taxes in 2024 were $15,192.00.
More homes for sale under 3.4M in Hamilton
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 3-Storey on 41 Albert Street has 16 bedrooms, 13 bathrooms, and is located on a 45.19 x 100.2 ft lot in the community of Blakeley . 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.
The address 41 Albert Street was listed for sale (MLS# X12042438) on Tuesday, March 25, 2025.