232 - 246 Governor's Road , Dundas

$4,499,000 / MLS® Listing #:H4073945

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Welcome to Springcreek Plaza - a renovated 16 unit mixed-use property in Dundas with upside. 8 commercial and 8 residential units on a >1 acre corner lot with 55 parking spaces. Commercial tenants include Pizza Hut, a yoga studio, laundromat other stable community businesses. The residential units are all 2-storeys with 7 x 3 bedroom units and 1 x 2 bedroom, all leased to long-term tenants at well below market rents. Offered at ~5.35% cap rate with amazing upside on residential rents. Well located on a major arterial road within one of the most affluent areas of Hamilton. Call for details. (id:10452)

Property Details

Property Type Other
Square Feet 20083.0000
Maintenance N/A
Days On Our Website 91
Basement - None
Lot Dimensions 190 x 220.73|1/2 - 1.99 acres
Pool N/A
Area Dundas
Air Conditioning Air Conditioned
Heating - Baseboard heaters, Forced air
Parking Spaces 55
Parking Type Surfaced
Sewers N/A
Water Municipal water

Listing Office: Ambitious Realty Advisors Inc.

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