About 289-293 Kenilworth Avenue N
Incredible low-maintenance investment offered at a massive 6.8% cap rate even AFTER accounting for a vacancy allowance and repairs and maintenance! This fully-renovated, now fully-tenanted building is well-positioned for either the experienced or first-time investor. Includes 4 beautifully renovated apartments with great tenants, a fabulous new franchise QSR restaurant tenant on the ground floor, and a tenancy with a strong lease in the previously-vacant commercial unit. Additional income comes from rooftop billboards. In exceptional condition, this property comes with a recent, clean environmental. Plus, there are no parking spots, balconies, or elevators to maintain or cause issues! This is truly an exceptional opportunity for a strong, stable investment with a substantial, above-market return!
Features of 289-293 Kenilworth Avenue N
| MLS® # | 40771285 |
|---|---|
| Price | $1,749,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Type | Commercial Sale |
| Sub-Type | Mixed,Building and Land |
| Status | Active |
Community Information
| Address | 289-293 Kenilworth Avenue N |
|---|---|
| Area | 20 - Hamilton Centre |
| Subdivision | 201 - Crown Point |
| City | Hamilton |
| County | Hamilton |
| Province | ON |
| Postal Code | L8H 4S8 |
Amenities
| # of Garages | 0.00 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | Full |
Exterior
| Lot Description | Business Centre, High Traffic Area, Highway Access, Public Transit, Visual Exposure |
|---|
Additional Information
| Date Last Updated | October 15th, 2025 |
|---|---|
| Zoning | C5a |
Listing Details
| Office | Corcoran Horizon Realty |
|---|