3 Webber Ave 8 Unit Apartment Building $1,250,497 USD ($156,312 USD/Unit) Hamilton, ON L8N 1W3
INVESTMENT HIGHLIGHTS
- Prime 8-unit multifamily investment
- Desirable Stinson neighborhood in Hamilton
- Recent capital improvements enhance value
- Close to GO Centre, amenities
EXECUTIVE SUMMARY
The Investments Group is excited to present a prime opportunity to acquire an 8-unit, purpose-built multifamily asset in Hamilton's highly desirable Stinson neighborhood. Just minutes from the Hamilton GO Centre, Hamilton General Hospital, and downtown amenities, this property offers exceptional connectivity and convenience for tenants. The well-maintained, three-story brick and concrete building consists of six two-bedroom units and two one-bedroom units, all separately metered for hydro, providing a strong in-place cash flow with significant upside potential. Recent capital improvements, including upgraded windows, a new roof, and front porch enhancements, reduce near-term expenses and enhance the long-term stability of the asset.
PROPERTY FACTS
| Price | $1,250,497 USD |
| Price Per Unit | $156,312 USD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 6,416 SF |
| No. Stories | 4 |
| Year Built | 1949 |
| Parking Ratio | 1.56/1,000 SF |
AMENITIES
SITE AMENITIES
- Controlled Access
- Recycling
- Smoke Free
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
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Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (77)
Bike Score®
Very Bikeable (78)
