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


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 | Lot Size | 0.25 AC |
| Price Per SF | $309.29 USD | Building Size | 4,630 SF |
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | Redevelopment Project | Year Built | 1910 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Religious Facility | Parking Ratio | 2.16/1,000 SF |
| Building Class | C | ||
| Zoning | D5 - Downtown ResidentiaL | ||
| 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 |
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Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (82)
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18 Victoria Ave S
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