Brick commercial building with multiple storefront windows, an expansive paved lot, and an attached multi-bay car wash structure Features: wall mounted ac, parking lot, commercial view More Photos

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    For Sale - 41 Rymal Road, Hamilton, Ontario

    Est payment $7,683/mo
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    Views   2
    Time on Jump  44 day

    AI Summary *

    • Fully renovated self-serve car wash with six operational bays.
    • Diverse income streams including car wash, dog grooming, and telecom leases.
    • Zero daily involvement needed for three of four income sources.
    • C5 zoning allows for potential mixed-use redevelopment opportunities.
    • Prime location with high visibility and heavy daily traffic nearby.




    Multi-income commercial investment | car wash + 3 passive leases rarely does a commercial asset come to market with this level of capital investment already behind it and this many income streams already producing. This is a fully renovated, 6-bay self-serve coin-operated car wash on a c5-zoned site in hamilton's most active automotive corridor - generating $125,845 in gross annual revenue from four independent sources, with $473,000+ in documented capital improvements completed in 2023-2024. Income streams: car wash operations (cpa-confirmed, 2025), dog grooming tenancy to 2027, freedom mobile telecom tower lease (auto-renewing), and a newly executed 10-year digital billboard lease with eye candy ads. Three of the four require zero day-to-day involvement from the owner. The asset has been reset. Environmental remediation completed (clean cert issued 2024). Full asphalt repaving (6,324 sq. Ft.). All-new 6-bay car wash equipment under warranty. Tap & wash cashless payment system installed across all bays - subscription membership model ready to launch with zero additional infrastructure cost. 12-camera hd security system. Remote monitoring app included. Proforma path to 6. 9% cap via subscription revenue model already infrastructure-ready. C5 zoning permits mixed-use redevelopment up to 22 metres - the income keeps the asset cash-flowing while long-term options are evaluated. 18,500+ daily passing vehicles. Adjacent to tim hortons and volvo hamilton. Acura, mercedes-benz, bmw, hyundai, kia, and nissan dealerships within minutes. 7 minutes to hamilton international airport. All financials sourced from 2025 cpa-compiled statements (csrs 4200). Buyers to conduct independent due diligence.
    Listing IDX13147504
    Address41 Rymal Road
    CityHamilton, Ontario
    Price$1,599,888
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitHeating / Cooling Gas Forced Air OpenSewer Sanitary+Storm

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    Listing Agency:  RE/MAX GOLD REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    41 Rymal Road
    Hamilton , Ontario
    $1,599,888
    Get more info