REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

May

Sun

May

Mon

May

Ivan Gascho

[email protected] +1(519) 573-7440

Listed by Abdellah Majd • Revel Realty Inc.

$ 1,249,900

Est. payment -/mo

Save Virtual Tour

Active

28 Dale Avenue Hamilton, ON L8G 3L9

6 Beds

2 Baths

1,391 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,391 sqft

Price per Sqft $898

MLS Listing ID 40707875

Style Bungalow

Bedrooms 6

Full Baths 2

Abv Grd Liv Area 2,263

Originating Board Hamilton - Burlington

Year Built 1956

Annual Tax Amount $4,631

Property Sub-Type Detached

Property Description

Turnkey Residential Care Home in Prime Stoney Creek Location Fantastic Opportunity to Own a Fully Renovated, Accessible and Legally Converted Residential Care Home! This investment not only offers great income potential but also makes a meaningful difference in the community. It is ready for immediate operation, allowing for care options ranging from independent living, low care, or maximizing revenue with a high level of care (please see supplements). It has the ability to generate well over $200,000 in net operating income, a customizable asset with reasonable operating expenses. The Prime Location is nestled in a beautiful residential neighborhood, within walking distance of parks as well as amenities such as grocery, pharmacy, medical centers, Starbucks, and more!Containing 6 bedrooms (3+3) 2 full bathrooms and 2 kitchens and sitting on a very generous 75x100 lot with a beautiful large, level and peaceful private backyard for additional outdoor living space. 28 Dale Avenue could be the next address in your commercial portfolio with the ability to generate a cap rate well into the double digits! Renovated from top to bottom with a wheelchair accessible main floor that includes a vertical lift at the main entrance, tilt mirrors and grab bars in bathrooms, widened doorways, no transition flooring and remote-control blinds. Renovations also included external waterproofing and the replacement of clay pipes in the basement. Features further include permitted approvals to convert existing garage (including optional interior lift) into additional living space, which will provide an extra 450 sq ft, perfect for a long-term tenant or on-site care provider. Endless income producing options to create massive returns! All development fees for the conversion were fully paid and not deferred ($77,000 value). With all major renovations completed and permits secured, this is a rare opportunity to own a hassle-free, income-generating property in a prime location.

Location

Province ON

County Hamilton

Area 51 - Stoney Creek

Zoning R1

Direction Queenston Road to Donn Avenue to Dale Avenue

Rooms

Basement Walk-Up Access, Full, Finished

Main Level Bedrooms 3

Kitchen 2

Interior

Interior Features In-law Capability, In-Law Floorplan

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Water Heater Owned, Dishwasher, Range Hood, Refrigerator, Stove

Exterior

Parking Features Attached Garage, Asphalt

Garage Spaces 1.0

Roof Type Asphalt Shing

Handicap Access Accessible Kitchen Appliances, Exterior Wheelchair Lift, Modified Bathroom Counter, Raised Toilet, Roll-In Shower

Porch Porch

Lot Frontage 75.0

Lot Depth 100.0

Garage Yes

Building

Lot Description Urban, Rectangular, School Bus Route, Schools

Faces Queenston Road to Donn Avenue to Dale Avenue

Foundation Concrete Perimeter

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Bungalow

Structure Type Brick Veneer,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 173160037

Ownership Freehold/None

Virtual Tour https://youtu.be/n8EY1LfQ9T4?si=jO4mNsZI9ACTiOoT

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

Ivan Gascho

28 Dale Avenue Hamilton, ON L8G 3L9

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

28 Dale Avenue