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18 Victoria Ave S 4,630 SF Specialty Building Offered at $1,432,030 in Hamilton, ON L8N 2S6

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INVESTMENT HIGHLIGHTS

  • Property includes a handicap elevator, seating capacity for over 250 and beautiful stained glass windows.
  • Two new gas-forced air furnaces were installed in 2022.
  • A generous clear height sanctuary includes the original fully functioning pipe organ.
  • Property ideally could be used as a redevelopment opportunity.

EXECUTIVE SUMMARY

Very rare opportunity to purchase a property located in downtown Hamilton's intensification corridor. Downtown Residential (D5) zoning permits construction of a new multi-residential building to a height of up to 44.5 meters (146 feet). Property is ideally suited for redevelopment or a retrofit. The .25 acre property has been improved with a 4,630 sq. ft. building that has been used as a place of worship for over 70 years. The church has been meticulously maintained by the custodians of the congregation. Two new gas-forced air furnaces were installed in 2022. Recent upgrades and renovations to the kitchen. A generous clear height sanctuary includes the original fully functioning pipe organ, a handicap elevator, seating capacity for over 250 and beautiful stained glass windows. Multiple classrooms and offices on the upper and lower levels. **** EXTRAS **** Property is exempt from property taxes based on its current use.

PROPERTY FACTS

Price $1,432,030 USD
Price Per SF $309.29 USD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype Religious Facility
Building Class C
Lot Size 0.25 AC
Building Size 4,630 SF
No. Stories 2
Year Built 1910
Tenancy Single
Parking Ratio 2.16/1,000 SF
Zoning D5 - Downtown ResidentiaL
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31430344

  • Date on Market: 4/5/2024

  • Last Updated:

  • Address: 18 Victoria Ave S, Hamilton, ON L8N 2S6

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