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88 Proctor BLVD Hamilton, ON L8M 2M4
12 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Gibson
MLS Listing ID X13122614
Annual Tax Amount $21,025
Tax Year 2025
Property Sub-Type Investment
Property Description
12-unit multifamily property located in central Hamilton. The property offers investors the opportunity to acquire a well-maintained asset with meaningful rental upside through continued suite turnover and repositioning. In-place rents are approximately 21% below market levels based on rental survey and market analysis. Significant capital improvements have been completed, including electrical upgrades and modernized mechanical systems. The property benefits from strong access to downtown Hamilton, transit routes, Hamilton GO Centre and area amenities.
Location
Province ON
County Hamilton
Area Hamilton
Zoning E - Multiple Dwelling
Interior
Cooling No
Inclusions Existing appliances, light fixtures and chattels owned by the Seller and used in connection with the operation of the property.
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 60.13
Lot Depth 92.19
Building
Building Age 100+
Others
Security Features Partial
ParcelsYN No
Listed by COLLIERS