Welcome to Springcreek Plaza - a renovated 16 unit mixed-use property in Dundas with upside. 8 commercial and 8 residential units on a >1 acre corner lot with 55 parking spaces. Commercial tenants include Pizza Hut, a yoga studio, laundromat other stable community businesses. The residential units are all 2-storeys with 7 x 3 bedroom units and 1 x 2 bedroom, all leased to long-term tenants at well below market rents. Offered at ~5.35% cap rate with amazing upside on residential rents. Well located on a major arterial road within one of the most affluent areas of Hamilton. Call for details. (id:18021)
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