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$3,297,000
26 Bowman Street, Hamilton, ON L8S 2T3
0 Beds
0 Baths
7,250 sqft

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Endless possibilities for this multi-unit apartment building with new TOC 1 Zoning located in high-demand area across from McMaster University and Childrens Hospital. Potential to expand the building footprint, with allowable height of 72 feet, and 127 foot frontage. Adjacent TOC 1 property with 60 ft frontage available. Permitted uses include Commercial applications with possible reduced setback requirements. Current use--Legal 7 unit, brick & concrete 3 storey apartment building with 129 K gross rents. Recent improvements to 4 apts with the prospect of increasing revenue to market rents within 12-16 mos (155K+). All units have individual electrical breaker panels, separately metered with digitally controlled electric heattenants pay heat & hydro. Parking for 7 vehicles or more. Roof-2 layer Torch Down (2006); Thermo Windows (2006); 2 Rheem 60 gal. gas direct vent water heaters (2019); hard wired smoke detectors in stairwells; common paid laundry room facilities. (id:5764)
  • Price:
  • $3,297,000
  • Square Footage:
  • 7,250
  • Year Built:
  • 1965
  • Listing ID #:
  • H4071134
  • Street Address:
  • 26 Bowman Street
  • City:
  • Hamilton
  • Province:
  • Ontario
  • Postal Code:
  • L8S 2T3
  • Listing Status:
  • Active
  • Number Of Units:
  • 7
  • Stories:
  • 3
  • Style:
  • 3 Level, Multi-Unit
  • Total Building Square Footage:
  • 7250
  • Year Built:
  • 1965
  • Road Frontage:
  • 127 Ft
  • Community Features:
  • Quiet Area, Community Centre
  • Parking Spaces:
  • 7
  • Heating Fuel:
  • Electric
  • Sewage Type:
  • Municipal Sewage System