Selling

28 Dale Avenue, Hamilton, ON L8G 3L9

$1,099,900

  • (0)
  • 7 Views
  • Sep 25, 2025
  • Hamilton, Stoney Creek

Mortgage Calculator

Description
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 neighbourhood, 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.
Overview
Property ID: X12378299
Type: Investment
Bedrooms: 6
Bathrooms: 1
Square: 1,391 m²
Price: $1,099,900
PropertyType: Commercial
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Yes
Heating: Gas Forced Air Closed
ParkingFeatures: Other
YearBuilt: 51-99
TaxAnnualAmount: 4631
PossessionDetails: immediate
Map
Contact Agency
Write A Review
0 Reviews
0 out of 5
Featured properties

The Most Recent Estate

728-730 Simcoe Street S 6, Oshawa, ON L1H 4M7
Selling
Investment
9 days ago

$1,399,000

Oshawa, Lakeview

  • 5,167 m²
RIGHT AT HOME REALTY
RIGHT AT HOME REALTY
28 King Street E, Cavan Monaghan, ON L0A 1G0
Selling
Investment
9 days ago

$699,900

Cavan Monaghan, Millbrook Village

  • 0 m²
BUY/SELL NETWORK REALTY INC.
BUY/SELL NETWORK REALTY INC.
108575 Highway 7 N/A, Tweed, ON K0K 2K0
Selling
Investment
9 days ago

$2,250,000

Tweed, Elzevir (Twp)

  • 8 m²
ROYAL LEPAGE PROALLIANCE REALTY
ROYAL LEPAGE PROALLIANCE REALTY
279-281 Picton Main Street, Prince Edward County, ON K0K 1T0
Selling
Investment
9 days ago

$2,900,000

Prince Edward County, Picton

  • 9,900 m²
CENTURY 21 LANTHORN REAL ESTATE LTD.
CENTURY 21 LANTHORN REAL ESTATE LTD.
519 W Kingston Road W, Ajax, ON L1S 6M1
Selling
Investment
9 days ago

$1,225,000

Ajax, Central West

  • 13,834 m²
LAND & GATE REAL ESTATE INC.
LAND & GATE REAL ESTATE INC.
315 Centre Street, North Huron, ON N0G 2W0
Selling
Investment
9 days ago

$949,000

North Huron, Wingham

  • 4,350 m²
MYSAK REALTY INC.
MYSAK REALTY INC.
17 Isabella Street 1, Toronto C08, ON M4Y 1M7
Selling
Investment
9 days ago

$4,390,000

Toronto C08, Church-Yonge Corridor

  • 6,494 m²
Origin Collective Realty Ltd.
Origin Collective Realty Ltd.
152 Glebe Avenue, Glebe - Ottawa East and Area, ON K1S 2C5
Selling
Investment
9 days ago

$1,750,000

Glebe - Ottawa East and Area, 4401 - Glebe

  • 4,320 m²
ROYAL LEPAGE TEAM REALTY
ROYAL LEPAGE TEAM REALTY