$11,995,000
Available - For Sale
Listing ID: X13009446
27 Bold Street , Hamilton, L8P 1T3, Hamilton
| 27 Bold Street represents an exceptional multifamily investment opportunity in Hamilton's most prestigious residential neighbourhood. This fully renovated 32-unit apartment building offers substantial rental upside potential, with current occupancy at 59.4% providing immediate lease-up opportunity alongside strong market fundamentals. The property underwent complete renovation between 2019 and 2020 resulting in a virtually new building with modern mechanical systems, contemporary unit finishes, and premium amenities rarely found in Hamilton's rental stock. Each unit features in-suite washer/dryer connectivity, quartz countertops, stainless steel appliances, and updated bathrooms, positioning the asset at the premium end of the local market. Situated in the heart of the Durand neighbourhood, the property benefits from Hamilton's strongest residential location, offering residents walkable access to downtown Hamilton, GO Transit connectivity, major healthcare institutions, and the trendy Locke Street retail corridor. For investors, 27 Bold Street combines scale, location, and immediate value creation potential, supported by minimal capital requirements and strong rental fundamentals in Ontario's fastest-growing secondary market. |
| Price | $11,995,000 |
| Taxes: | $112379.33 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 27 Bold Street , Hamilton, L8P 1T3, Hamilton |
| Postal Code: | L8P 1T3 |
| Province/State: | Hamilton |
| Legal Description: | UNIT 3, LEVEL 1, WENTWORTH STANDARD COND |
| Directions/Cross Streets: | MacNab Street South & Bold Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - Over 20 Units |
| Building Percentage: | T |
| Total Area: | 0.21 |
| Total Area Code: | Acres |
| Approximatly Age: | 100+ |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| COLLIERS |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Durand |
| Approximate Age: | 100+ |
| Tax: | $112,379.33 |
| Fireplace: | N |
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