Share
$1,099,900
Ontario,Hamilton (Stoney Creek)
For Sale Active
28 DALE AVENUE, Hamilton (Stoney Creek), Ontario L8G3L9
  • 6
  • 1
  • 1,391 Sqft
Basic Details
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 75×100 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:62650)

Read More
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12378299
  • Price: $1,099,900
  • Bedrooms: 6
  • Bathrooms: 1
  • Square Footage: 1,391 Sqft
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 274602
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Hamilton (Stoney Creek), L8G3L9
  • Street: Dale
  • Street Number: 28
  • Street Suffix: Avenue
  • Longitude: W80° 14' 55.5''
  • Latitude: N43° 13' 22''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 100 x 75 FT
Financial
  • Tax Annual Amount: 4631
Powered by REALTOR.ca
Listing updated: 2025-09-13 07:35:38
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Similar Properties
Listing Information
  • List Agent Key: 1722668
  • List Office Key: 274602
  • Modification Timestamp: 2025-09-03T19:40:42Z
  • Originating System Name: Niagara Association of REALTORS®
  • Status Change Timestamp: 2025-09-03T19:28:37Z
Powered by REALTOR.ca
Listing updated: 2025-09-13 07:35:39

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!