Brick facade building featuring multiple large windows and a central arched window Features: curbs, entry steps, grill, brick siding, stoop, shingle roof

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Stairwell featuring natural wood-finish treads, white risers, and coordinating wood handrails Features: vent, drywall, stairs, wood finish floor

Entryway featuring wood-finish flooring, a white interior door with brass hardware, and light neutral wall paint Features: drywall, baseboards wall, natural light, wood finish floor

Carpeted living area featuring a large window, a ceiling fan with light fixture, and an arched doorway leading to an additional space Features: carpet, natural light, drywall, baseboards wall, tv, ceiling fan

Carpeted living area with light-toned wall paint and an open doorway to a dining space Features: baseboards wall, natural light, drywall, smoke carbon monoxide detector, tv, carpet

Carpeted living area featuring neutral wall tones and multiple windows with valances Features: tv, carpet, natural light, ceiling fan, baseboards wall, drywall, wall mounted ac

Carpeted dining area featuring a chandelier, a wide entryway to a living area, and a second entryway leading to a hallway Features: carpet, ceiling fan, baseboards wall, natural light, drywall, smoke carbon monoxide detector

Carpeted dining area featuring a brass chandelier, neutral wall paint, and a pass-through opening to the kitchen with wood-finish cabinetry Features: drywall, baseboards wall, sink, carpet

Dining area featuring a central chandelier, neutral wall paint, and textured carpet flooring Features: carpet, drywall, baseboards wall, natural light

Kitchen featuring wood-finish cabinetry, light-toned countertops, and a white tile backsplash Features: dishwasher, shaker cabinets, arched cabinets, drywall, range oven, open shelves, microwave, medium brown cabinets, countertops, backsplash, sink

Kitchen featuring wood cabinetry, an over-the-range microwave, and a bay window with a pendant light fixture Features: medium brown cabinets, dishwasher, pendant lighting, vinyl floor, microwave, refrigerator, shaker cabinets, backsplash, drywall, range oven, arched cabinets, baseboards wall, natural light, countertops, sink

Full bathroom featuring a single vanity with stone-finish countertop, undermount sink, and wood-finish cabinetry Features: tile floor, combined bath shower, vanity, toilet, full bathroom, sink, drywall, vent

Dedicated laundry area featuring a washer and dryer, convenient overhead shelving, and a built-in hanging rack Features: drywall, separate washer dryer, laundry, electric dryer hookup

Carpeted room with a ceiling-mounted light fixture, neutral-toned walls, and a window featuring white blinds and dark curtains Features: carpet, natural light, drywall, baseboards wall, baseboard radiator

Carpeted room with neutral tone walls and white trim Features: carpet, drywall, baseboards wall

Carpeted bedroom with neutral wall tones and a ceiling-mounted light fixture Features: tv, drywall, smoke carbon monoxide detector, office area, baseboards wall, ensuite bathroom, carpet

Interior doorway with classic panel door and brass hardware Features: tile floor, walk in closet, vent

Bathroom featuring a pedestal sink, white toilet, and a circular wall mirror Features: drywall, toilet, full bathroom, mirror, shower, tile floor, baseboards wall, sink

Carpeted bedroom featuring a window with blinds, a built-in ceiling light fixture, a wood-finish headboard, and neutral wall tones Features: baseboards wall, natural light, carpet, baseboard radiator, drywall

Bedroom featuring a window with horizontal blinds, neutral wall paint, and carpet flooring Features: carpet, drywall, natural light, baseboards wall

Bedroom featuring neutral-toned walls, wood-finish flooring, a contemporary wood headboard, and a built-in closet with bifold doors Features: drywall, closet, carpet

Private backyard featuring a paver patio, mature trees, wood fence, and stone retaining wall Features: satellite dish, patio, fence, grill, outdoor dining area

Landscaped side yard featuring a stone pathway, mature trees, a wooden privacy fence, and a brick exterior wall Features: fence

Paved patio area with brick exterior, multiple windows, metal fencing, and a grassy lawn Features: grill, satellite dish, fence, lawn, patio, wall mounted ac

Exterior concrete staircase with black metal railings Features: natural light

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For Sale - 81 Hamilton Street, Hamilton, Ontario

81 Hamilton Street

Hamilton , Ontario

$2,999,000

Est payment $14,401/mo

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Time on Jump 93 day

AI Summary *

Turnkey 6-plex investment with strong cash flow and growth potential.
Each unit features spacious 2 bedrooms and in-suite laundry for convenience.
Impressive rental income potential as units turn over to new tenants.
Parking space for up to 10 vehicles with options for more nearby.
Low operating expenses with tenants responsible for utilities and maintenance.

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Purchase Price

Term

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Down Payment:
$ 149,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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.

Listing IDX13579598

Address81 Hamilton Street

CityHamilton, Ontario

Price$2,999,000

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentHeating / Cooling Baseboard

Market Info

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

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

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For Sale - 81 Hamilton Street, Hamilton, Ontario

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Market Info

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