28 Dale Avenue Hamilton (Stoney Creek), Ontario L8G 3L9
$1,249,900
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. (id:49269)
Property Details
| MLS® Number | X12025563 |
| Property Type | Single Family |
| Community Name | Stoney Creek |
| CommunityFeatures | School Bus |
| Features | Guest Suite, In-law Suite |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 6 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Dishwasher, Dryer, Range, Stove, Washer, Refrigerator |
| ArchitecturalStyle | Bungalow |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Vinyl Siding |
| FireProtection | Alarm System |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 75 Ft |
| SizeFrontage | 100 Ft |
| SizeIrregular | 100 X 75 Ft |
| SizeTotalText | 100 X 75 Ft|under 1/2 Acre |
| ZoningDescription | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Kitchen | 6.04 m | 2.27 m | 6.04 m x 2.27 m |
| Basement | Recreational, Games Room | 6.04 m | 4.61 m | 6.04 m x 4.61 m |
| Basement | Bedroom | 3.12 m | 3.32 m | 3.12 m x 3.32 m |
| Basement | Bedroom 2 | 2.87 m | 3.32 m | 2.87 m x 3.32 m |
| Basement | Bedroom 3 | 2.7 m | 3.47 m | 2.7 m x 3.47 m |
| Main Level | Kitchen | 6.27 m | 2.65 m | 6.27 m x 2.65 m |
| Main Level | Other | 2.37 m | 6.71 m | 2.37 m x 6.71 m |
| Main Level | Other | 3.47 m | 6.71 m | 3.47 m x 6.71 m |
| Main Level | Living Room | 5.58 m | 4.49 m | 5.58 m x 4.49 m |
| Main Level | Bedroom | 3.42 m | 3.45 m | 3.42 m x 3.45 m |
| Main Level | Bedroom 2 | 3.38 m | 3.75 m | 3.38 m x 3.75 m |
| Main Level | Bedroom 3 | 3.28 m | 2.51 m | 3.28 m x 2.51 m |
https://www.realtor.ca/real-estate/28038292/28-dale-avenue-hamilton-stoney-creek-stoney-creek
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 21 2025 08:24:05
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage, Revel Realty Inc.