samuel Ajuronu Okafor, Sales Representative

$1,750,000

Available - For Sale

Listing ID: X12017930

17 WEBBER Ave , Hamilton, L8N 1W4, Ontario

Heritage 10-Unit Apartment Building in the Heart of Hamilton This beautifully preserved heritage building offers 10 charming apartment units, each filled with character and unique architectural details. Located in the heart of Hamilton, this property is a rare investment opportunity with a blend of historical charm and modern convenience. Key Features: Prime Location: Nestled in a vibrant and growing neighborhood, offering easy access to public transit, restaurants, shopping, and cultural attractions 10 Unique Units: A mix of Bachelor, one- and two-bedroom apartments, all with distinctive features, high ceilings, and original woodwork. Income Potential: 50% vacancy with the potential for further value-add opportunities and possibilities to add more units. Character and Charm: From beautiful hardwood floors to elegant molding, this building exudes timeless appeal. Whether you are an investor seeking a solid return or someone looking to restore a piece of Hamilton's heritage, this property offers a one-of-a-kind opportunity.

Price	$1,750,000
Taxes:	$20000.00
Address:	17 WEBBER Ave , Hamilton, L8N 1W4, Ontario
Lot Size:	124.00 x 76.00 (Feet)
Directions/Cross Streets:	Victoria Ave S

Rooms:	37
Bedrooms:	12
Bedrooms +:
Kitchens:	10
Family Room:	Y
Basement:	Full, Unfinished

Approximatly Age:

100+

Property Type:	Multiplex
Style:	3-Storey
Exterior:	Alum Siding, Brick
Garage Type:	Detached
Drive Parking Spaces:	5
Pool:	None
Approximatly Age:	100+
Property Features:	Public Trans

Fireplace/Stove:	N
Heat Source:	Other
Heat Type:	Radiant
Central Air Conditioning:	None
Central Vac:	N
Sewers:	Sewers
Water:	Municipal

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Mortgage Calculator

Asking Price:

Heating:

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Interest Rate:

Condo Fee:

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Taxes:

$ /Year

Other Debt:

$ /Year

Amortization:

Years

GDS:

TDS:

Percent Down:
Down Payment	$87,500	$175,000	$262,500	$350,000
First Mortgage	$1,662,500	$1,575,000	$1,487,500	$1,400,000
CMHC/GE	$66,500	$48,825	$41,650	$0
Total Financing	$1,729,000	$1,623,825	$1,529,150	$1,400,000
Monthly P&I	$8,532.3	$8,013.28	$7,546.08	$6,908.75
Expenses	$0	$0	$0	$0
Total Payment	$8,532.3	$8,013.28	$7,546.08	$6,908.75
Income Required	$319,961.34	$300,498.1	$282,977.95	$259,078.01

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Amortization :

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Monthly (12 payment)

Accelerated Weekly (52 payment)

Your Payment:

$4,317.97

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Disclosure Statement

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

RE/MAX ESCARPMENT REALTY INC.

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Samuel Okafor

Sales Representative

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At a Glance:

Type:	Freehold - Multiplex
Area:	Hamilton
Municipality:	Hamilton
Neighbourhood:	Stinson
Style:	3-Storey
Lot Size:	124.00 x 76.00(Feet)
Approximate Age:	100+
Tax:	$20,000
Maintenance Fee:	$0
Beds:	12
Baths:	10
Garage:	0
Fireplace:	N
Air Conditioning:
Pool:	None