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For Sale - 27 Ontario Avenue, Hamilton, Ontario

27 Ontario Avenue

Hamilton , Ontario

$999,900

Est payment $4,801/mo

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Time on Jump 129 day

AI Summary *

Prime central Hamilton location, steps from downtown and transportation options.
Five attractive units with potential for renovation and increased rental income.
Nine to twenty-foot ceilings and skylights enhance the living experience.
Private outdoor terraces for each unit offer additional personal space.
Convenient parking for 7-8 cars, appealing in high-demand urban areas.

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Purchase Price

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Down Payment:
$ 49,995 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Exceptional multi-residential investment opportunity featuring 5 units in a prime central hamilton location. Situated steps to the downtown core, west harbour go station, hamilton general hospital, public transit routes, shops, and restaurants, and within close proximity to the bruce trail access points, wentworth stairs, and surrounding bike trails, this property benefits from strong tenant demand and long-term growth potential while offering exceptional walkability and outdoor amenities. The building's existing architecture and layout provide flexibility for future renovation or reconfiguration, offering the potential to increase bedroom count and optimize rental income. Featuring 9-20 ft ceilings, skylights, units with private outdoor terraces, separately metered services, and individual hot water tanks for each unit, the property delivers strong functionality and long-term operational efficiency. A rare highlight is the 7-8 car parking area, providing added convenience for tenants, enhancing rental appeal, and creating potential additional income opportunities in a high-density urban neighbourhood where parking is limited. Could also be ideal for a family, couple, or professional owner-occupier looking to live in one unit while offsetting mortgage carrying costs, with potential for short-term rental use subject to municipal regulations. Ideal for investors seeking a stable, income-producing asset with upside through value-add improvements in one of hamilton's evolving urban pockets.

Listing IDX12796104

Address27 Ontario Avenue

CityHamilton, Ontario

Price$999,900

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentHeating / Cooling Gas Forced Air Open

Market Info

Listing Agency:
MICHAEL ST.JEAN REALTY INC.

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Listing Agency:
MICHAEL ST.JEAN REALTY INC.

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For Sale - 27 Ontario Avenue, Hamilton, Ontario

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Property Info

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Market Info

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