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18 Victoria Ave S 4,630 sq ft Specialist Building Offered at £1,084,336 in Hamilton, ON L8N 2S6
INVESTMENT HIGHLIGHTS
- Property includes a handicap elevator, seating capacity for over 250 and beautiful stained glass windows.
- Two new gas-forced air furnaces were installed in 2022.
- A generous clear height sanctuary includes the original fully functioning pipe organ.
- Property ideally could be used as a redevelopment opportunity.
EXECUTIVE SUMMARY
Very rare opportunity to purchase a property located in downtown Hamilton's intensification corridor. Downtown Residential (D5) zoning permits construction of a new multi-residential building to a height of up to 44.5 meters (146 feet). Property is ideally suited for redevelopment or a retrofit. The .25 acre property has been improved with a 4,630 sq. ft. building that has been used as a place of worship for over 70 years. The church has been meticulously maintained by the custodians of the congregation. Two new gas-forced air furnaces were installed in 2022. Recent upgrades and renovations to the kitchen. A generous clear height sanctuary includes the original fully functioning pipe organ, a handicap elevator, seating capacity for over 250 and beautiful stained glass windows. Multiple classrooms and offices on the upper and lower levels. **** EXTRAS **** Property is exempt from property taxes based on its current use.
PROPERTY FACTS
| Price | £1,084,336 | Total Plot Size | 0.25 ac |
| Price per sq ft | £234.20 | Property Size | 4,630 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Sale Condition | Redevelopment Project | Year Built | 1910 |
| Property Type | Specialist | Tenancy | Single |
| Property Subtype | Place Of Worship | Parking Allocation | 2.16/1,000 sq ft |
| Costar Property Class | C | ||
| Use Class | D5 - Downtown ResidentiaL | ||
| Price | £1,084,336 |
| Price per sq ft | £234.20 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialist |
| Property Subtype | Place Of Worship |
| Costar Property Class | C |
| Total Plot Size | 0.25 ac |
| Property Size | 4,630 sq ft |
| No. Floors | 2 |
| Year Built | 1910 |
| Tenancy | Single |
| Parking Allocation | 2.16/1,000 sq ft |
| Use Class | D5 - Downtown ResidentiaL |
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Walk Score®
Excellent pedestrian access (97)
Transit Score®
Excellent Public Transport (78)
Bike Score®
Good for cycling (82)
CONTACTS
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Robert Dickinson -
Mike Babbie -
Coldwell Banker Commercial - Integrity Real Estate
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18 Victoria Ave S
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