victorian home with a fenced front yard, a gate, and stone siding Features: gate, split ac unit, fence More Photos

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    For Sale - 14 Duke Street, Hamilton, Ontario

    Est payment $20,648/mo
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    Time on Jump  24 day

    AI Summary *

    • Turnkey medical-residential income property in a prestigious neighborhood.
    • Fully renovated three-storey building with ground-floor medical clinic space.
    • Ten luxury residential units with premium rental potential.
    • Excellent location near hospitals, colleges, and dining options.
    • Strong investment opportunity with options for future development.




    Prime medical & residential investment | durand, hamilton turnkey medical-residential income property in the prestigious durand neighbourhood of hamilton - purpose-built for healthcare and upscale urban living. This fully renovated (2019) 9,927 sf three-storey building features a ground-floor medical/health clinic (approx. 2,363 sf) currently leased to a high-end operator, with flexibility for the tenant to relocate through sublease if desired, presenting an opportunity for a dentist, medical specialist, or plastic surgeon. The space includes a former surgical suite previously used by a plastic surgeon. Above the commercial space are 10 luxury residential units - 2 bachelor, 6 one-bedroom, and 2 two-bedroom suites totaling approximately 7,203 sf of premium rental space. Situated on a 0. 205-acre lot with 49. 75 ft frontage and 12+1 on-site parking, the property features 12' vaulted ceilings, new fire shutters, and common laundry with industrial machines. No heritage designation. Zoned e-l with downtown mixed-use official plan designation permitting medical, professional, multiple residential, student housing, and retirement uses - with strong value-add potential including future conversion of commercial space to additional residential units (subject to approvals). Cmhc financing eligible. Located blocks away from st. Joes hospital, near mohawk college, mcmaster, augusta street restaurants, td coliseum - an unmatched location for medical tenants and urban residents alike. Stable income with exceptional long-term upside. All information believed to be accurate but not guaranteed. Buyers to conduct regarding zoning, permitted uses, measurements, financials, and development potential.
    Listing IDX12850162
    Address14 Duke Street
    CityHamilton, Ontario
    Price$4,299,990
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Public TransitHeating / Cooling Radiant

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    Listing Agency:  REALTY NETWORK

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    14 Duke Street
    Hamilton , Ontario
    $4,299,990
    Get more info