$699,999
366 Cumberland Avenue, Hamilton, ON L8M 2A2
Property Description
Property type
Industrial
Lot size
N/A
Style
Approx. Area
3000 Sqft
About 366 Cumberland Avenue
Free standing light industrial building with 3000 sf of interior space suitable for many commercial uses such as: warehouse, manufacturing, carpenter's shop, retail variety, etc. Since this is not a condo, there are zero maintenance fees, and the property taxes are extremely low ($2561 for 2024), so the overhead costs are much lower than the average industrial unit and you have the freedom to renovate or develop the site as you please. The property has no basement and is mostly on the ground level (with one 2nd floor office). Potential to add a second or third story to existing building. The property backs onto the escarpment and is steps from Gage Park. The building is set back from the road behind a row of houses. Easy access to downtown Hamilton and to Red Hill Valley Parkway. This is the perfect location to run your new or existing business! The sellers will consider offering mortgage financing (VTB) to a buyer with a minimum down payment of 50%.
Home Overview
Last updated
May 30
Virtual tour
None
Basement information
Building size
3000
Status
In-Active
Property sub type
Industrial
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Cumberland Avenue

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