S a n d a l R e a l E s t a t e

41 Albert Street, Hamilton, ON L8M 2Y1

41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1
41 Albert Street, Hamilton, ON L8M 2Y1

41 Albert Street, Hamilton, ON L8M 2Y1

$3,500,000

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41 Albert Street, Hamilton, ON L8M 2Y1, Hamilton, ON

The Westside Partners are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity to acquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positioned for a new investor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize the condominiumization process to sell each unit individually to end users or affordable condominium investors. Proforma for each suggested exit strategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one large renovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump for heating and cooling, separate hydro meters, with tenants paying for their own hydro.

Property Highlights

For Sale
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    MLS NO.

    X11940102

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    Type

    Residential Freehold

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    Sub Type

    Multiplex

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    Bathrooms

    12

Complete Property Details

Property Type Residential Freehold
Sub Type Multiplex
Transaction Type For Sale
Status Expired
Contract Status Unavailable
MLS® Number X11940102
Total Bedrooms 0
Bedrooms Above Grade 0
Total Bathrooms 12
Total Kitchens 0
Kitchens Above Grade 0
Rooms Above Grade 0
Interior Features None
Fireplace Yes
Central Vacuum Yn No
Construction Brick
Roof Flat
Lot Width 100.2
Parking Features None
Parking Total 0.0
Covered Spaces 0.0
Garage Type None
Pool None
Direction Facing West
Cooling Wall Unit(s)
Heat Source Gas
Heat Type Heat Pump
Internet Address Display Yn Yes
Internet Entire Listing Display Yn Yes
Full Address 41 Albert Street, Hamilton, ON L8M 2Y1
City Hamilton
Neighbourhood Central
County / Region Hamilton
Province / State ON
Postal Code L8M 2Y1
Cross Street Gage Ave. S. & Main St. E.
List Price $3,500,000
Annual Taxes $15,192
Tax Year 2024
Legal Description See Schedule A
Possession Details Other
Listing Office Trilliumwest Real Estate Brokerage Ltd
Board One Point Association of REALTORS
Original Entry 2025-01-24T21:29:25Z
Media Updated 2025-01-25T00:03:03Z
Photos Updated 2025-01-25T00:03:00Z
Last Modified 2025-03-26T05:15:52Z
System Modified 2025-10-12T08:35:11.750586Z
MLS Status Expired
Architectural Style 3-Storey
Basement Separate Entrance
Ddfyn Yes
Expiration Date 2025-03-25
Foundation Details Concrete Block, Block
Heat Source Multi Gas
Heat Type Multi Heat Pump
Hstapplication Call LBO
Occupant Type Tenant
Originating System Id A00001796
Parcel Number 182530002
Parking Spaces 0
Public Remarks The Westside Partners are delighted to present, on behalf of the Lender in Possession through Power of Sale, an exceptional opportunity to acquire a 13 unit condominiumized multi residential property located at 41 Albert Street in Hamilton, Ontario. The property is ideally positioned for a new investor to complete the final unit renovation and either refinance to retain it as a long term portfolio asset or finalize the condominiumization process to sell each unit individually to end users or affordable condominium investors. Proforma for each suggested exit strategy is available upon request. This 13 suite apartment building includes 11 fully renovated one bedroom apartments and one large renovated four bedroom apartment. The renovations feature new laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and high quality finishes, creating a stylish and comfortable living space. Each unit has its own ductless split system heat pump for heating and cooling, separate hydro meters, with tenants paying for their own hydro.
Showing Requirements See Brokerage Remarks, Showing System
Street Name Albert
Street Number 41
Street Suffix Street
Vendor Property Info Statement No
Virtual Tour Urlunbranded https://unbranded.youriguide.com/7_11_12_43_albert_st_hamilton_on/
Washrooms Type1 12
Washrooms Type1 Pcs 4