$2,499,900
For sale: Other

Presenting an exceptional commercial property opportunity! Owned by the first and only owner, this well-maintained property offers 7,400 total sq. ft. and was built approximately 37 years ago, standing as a recognizable part of the community ever since. Featuring below-market rents, this property offers tremendous upside potential for savvy investors looking to capitalize on its prime location and steady cash flow. The roof was completely redone early last year, providing added peace of mind, and the exterior was freshly painted approximately 3 years ago, enhancing its curb appeal. Each unit also features its own skylight, adding natural light throughout the property. Situated in an excellent location near shopping centres, major highways, and busy commercial areas, this property offers convenience and high visibility, making it a strong addition to any investment portfolio. Don't miss this rare opportunity to own a prime commercial asset with untapped potential.
Sold data
Homes in Hamilton (Hannon) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 1,265 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $685,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Hannon) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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