This is the cheapest 2 bedroom condo in the building that has sold or is available over the past year. You do not want to pass this opportunity up!
Calling all investors looking to break into the Hamilton market with their next BRRRR and long-term buy and hold project- Unit 1011 & Unit 904 at 15 Nicklaus Dr is the perfect property for you at a phenomenal price. This property is located within 5-minute walking distance to public schools, parks, is nestled between several gold parks and 2 different conservation areas, making the condos conveniently located and attractive to many tenants.
Currently, both units are tenanted; however, the seller has given permission to buyers to negotiate cash for keys or serve any forms and will be more than happy to co-operate in the process. Tenants are non-confrontational and understanding per the landlord and always pay rent in a timely manner. We believe there is a good chance to get cash for keys to have a vacant closing by March 1st or to serve an N12 to have both units vacant by closing; however, this is on the onus of the assignee to take this on. Once tenants are turned over, there is phenomenal upside potential and just small cosmetic work needed for these condos.
With immediate upside on the purchase, endless potential and an affordable price point, this property will not be available long. Contact us today if you’re interested in placing an offer or learning more!
Comparable Sales:
15 Nicklaus Dr. Unit 807 – $351,500
- 735 sqft
- 2 bed + 1 bath
- Average condition- clean interior but dated throughout (older appliance, older kitchen etc.)
15 Nicklaus Dr. Unit 509 – $350,000
- 735 sqft
- 2 bed + 1 bath
- Above-average condition – half renovated, still slightly dated
15 Nicklaus Dr. Unit 509 – $341,500
- 715 sqft, smaller than the subject property
- 2 bed + 1 bath
- Good condition – renovated recently
15 Nicklaus Dr. Unit 312 – $335,000
- 735 sqft
- 2 bed + 1 bath
- Average condition – not renovated