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For Sale

81 Hamilton Street N, Hamilton, ON L0R 2H0

$2,999,000

  • Investment
  • MLS® X13579598

Listing Brokerage: Royal LePage Real Estate Services Ltd., Brokerage

Description

Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.

Property details

MLS® number
X13579598
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
Waterdown
City
Hamilton
Building area
7644 Square Feet
Lot width
75 Feet
Lot depth
123 Feet
Heating
Baseboard
Cooling
Yes
Garage
None
Taxes
$10,120.00
Tax year
2025
Listing brokerage
Royal LePage Real Estate Services Ltd., Brokerage

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