$4,499,000 232 - 246 Governor's Road, Dundas, Ontario, L9H3K2

Overview

Property Type: Other
Leadex ID: 21664215

Description

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)



Building

Basement Type

None

Heating

Baseboard heaters, Forced air

Cooling

Air Conditioned

Water

Municipal water

Details

Parking Spaces

55

Parking

Surfaced

Zoning Description

C.N./S-52

Land

Land Size

190 x 220.73|1/2 - 1.99 acres

Frontage

190 ft

Land Depth

220 ft

Listing Office

Office

Ambitious Realty Advisors Inc.

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