41 Albert Street, Hamilton, ON L8M 2Y1, Hamilton, ON
Bed 17
Bath 14
Presenting on behalf of the Lender in Possession through Power of Sale: an exceptional opportunity to acquire a 13-unit, condominiumized multi- residential property at 41 Albert Street in Hamilton, Ontario. This turn-key asset offers multiple exit strategies ; complete the final unit renovation and refinance as a long-term hold, or advance the condominiumization process and sell units individually to end users or affordable housing investors. Proformas for each strategy available upon request. The property includes 11 fully renovated one-bedroom apartments and one large four-bedroom apartment, all featuring laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and quality finishes. Each suite is equipped with its own ductless split system for heating/cooling, separate hydro meter, and tenants pay their own hydro
Property Highlights
For Sale
MLS NO.
X12375395
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
17
Bathrooms
14
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Expired
Contract Status
Unavailable
MLS® Number
X12375395
Living Area Range
5000 +
Total Bedrooms
17
Bedrooms Above Grade
17
Total Bathrooms
14
Total Kitchens
13
Kitchens Above Grade
13
Rooms Above Grade
50
Interior Features
Other
Fireplace
Yes
Central Vacuum Yn
No
Construction
Brick
Roof
Flat
Lot Width
100.2
Parking Total
0.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
East
Cooling
Wall Unit(s)
Heat Source
Other
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
41 Albert Street, Hamilton, ON L8M 2Y1
City
Hamilton
Neighbourhood
Blakeley
County / Region
Hamilton
Province / State
ON
Postal Code
L8M 2Y1
Cross Street
Gage Ave. S. & Main St. E.
Directions
Gage Ave. S. & Main St. E.
List Price
$3,199,000
Annual Taxes
$15,192
Tax Year
2024
Legal Description
Please see Schedule A
Possession Type
Flexible
Possession Details
Flexible
Listing Office
Trilliumwest Real Estate Brokerage Ltd
Board
One Point Association of REALTORS
Original Entry
2025-09-02T20:01:30Z
Media Updated
2025-10-28T16:52:45Z
Photos Updated
2025-09-02T20:01:30Z
Last Modified
2026-01-01T05:22:14Z
System Modified
2026-01-01T05:22:14.708181Z
MLS Status
Expired
Architectural Style
3-Storey
Basement
Walk-Out, Apartment
Ddfyn
Yes
Expiration Date
2025-12-31
Foundation Details
Concrete Block
Heat Source Multi
Other
Heat Type Multi
Other
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
0
Public Remarks
Presenting on behalf of the Lender in Possession through Power of Sale: an exceptional opportunity to acquire a 13-unit, condominiumized multi- residential property at 41 Albert Street in Hamilton, Ontario. This turn-key asset offers multiple exit strategies ; complete the final unit renovation and refinance as a long-term hold, or advance the condominiumization process and sell units individually to end users or affordable housing investors. Proformas for each strategy available upon request. The property includes 11 fully renovated one-bedroom apartments and one large four-bedroom apartment, all featuring laminate flooring, modern light fixtures, stainless steel appliances, quartz countertops, and quality finishes. Each suite is equipped with its own ductless split system for heating/cooling, separate hydro meter, and tenants pay their own hydro