For Sale

41 ALBERT Street, Hamilton, Ontario L8M2Y1

$3,600,000

41 ALBERT Street, Hamilton, Ontario L8M2Y1 is For Sale and has a listing price of 3,600,000. The property is located in the Blakeley neighbourhood. It's been on the website for 6 Days.

  • Multi-family
    Property Type
  • 16
    Bedrooms
  • 11
    Bathrooms
  • MLS ID: 40692762
  • Office Name TrilliumWest Real Estate Brokerage,TrilliumWest Re
Property Description

The Westside Partners 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. Proforma 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. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 16
  • MLS ID: 40692762
  • Bathrooms: 11
  • Price: $3,600,000
  • Transaction Types: For Sale
  • Ref ID: 27840904
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
01/24/2025 40692762 $3,600,000 For Sale - -
02/01/2024 40535438 $4,500,000 For Sale - -
07/12/2023 40452414 $4,600,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Blakeley
  • $1,090,357 Average List Price
    based on 1 year
  • 10 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.16 % Below
  • Sold (12mo) 9
  • Rented (12mo) 8

  • 1 Month Change +24.6%
  • 3 Month Change +0.2%
  • 6 Month Change -24.8%
Walkscore
Property Type Distribution
  • All Houses
    77.81%
  • Commercial
    11.92%
  • Condo
    9.6%
  • Land for Sale
    0.66%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full (finished)
  • Heating System Heat Pump
  • Water Municipal Water
  • Exterior Concrete, Stone
  • Cooling System None
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/01/2025 00:00:00
  • Zoning Dc (pre 1p2007)
  • Agent Name: Keri Brownrigg,Mitch Taylor,Samantha Ramos
  • Address Subdivision: 220 - St. Clair/Blakeley
  • Last Updated: 28/01/2025 20:04:18
Open House Dates
  • 1. 02/02/2025 (Start time: 2:00 AM - End time: 4:00 PM)
  • 2. 02/02/2025 (Start time: 2:00 PM - End time: 4:00 PM)
Want to see this property?