14 Duke Street, Hamilton, Ontario L8P 1X1 (29431158) – Team Ravi Bedi


LOADING

14 Duke Street Hamilton, Ontario L8P 1X1

9927 sqft

$4,299,990

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. (id:50617)

Property Details

MLS® Number 40809079
Property Type Other
Amenities Near By Hospital, Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Features Southern Exposure, Paved Driveway
Parking Space Total 12

Building

Basement Type Full
Exterior Finish Stone, Stucco
Fire Protection Alarm System, Security System
Foundation Type Stone
Stories Total 3
Size Exterior 9927.0000
Size Interior 9927 Sqft
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 150 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description E-1/s-704

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/29431158/14-duke-street-hamilton

Interested?

Contact us for more information


Generating Captcha

Your Favourites

 

No Favourites Found