
15 WELLINGTON Street
Hamilton, Ontario
13,916 sqft • Other
Excellent investment and future redevelopment opportunity in the heart of Hamilton’s evolving downtown core. Located steps from a future LRT station and adjacent to the International Village BIA, this substantial mixed-use asset offers nearly 20,000 sq. ft. including basement space, plus the exceptional rarity of a 40+ car parking lot — a highly valuable feature in this increasingly urban, transit-oriented corridor. The property is substantially leased to a strong and diverse tenant mix including F45 Training Hamilton Downtown, Red Rockets BBQ, established office users, additional commercial tenants, and four character-filled two-storey loft residences featuring exposed brick, post-and-beam construction, and authentic urban-industrial appeal. Existing vacancy also presents immediate upside potential for investors seeking to increase income and further optimize the asset over time. Positioned within Hamilton’s highly flexible D3 Downtown Mixed Use zoning, the property permits a broad range of residential, commercial, institutional, entertainment, hospitality, and mixed-use redevelopment opportunities. The zoning framework encourages intensification through generous height permissions, minimal setbacks, pedestrian-oriented design, and transit-supportive density — making this an ideal candidate for future redevelopment as the surrounding downtown continues to transform. Whether viewed as a strategic land assembly, long-term hold, adaptive reuse opportunity, or income-producing redevelopment site, properties offering this combination of scale, parking, cashflow, zoning flexibility, and LRT adjacency are increasingly difficult to find. Purchasers may also wish to explore the rare opportunity to acquire the neighbouring property to the south, also available for sale, creating additional scale and future redevelopment potential along this rapidly evolving corridor. A rare opportunity to secure a landmark urban asset in one of Hamilton’s most strategic growth corridors.
Price History
Property
- Lot Size
- 0.49 acres
Schools
Secondary
- System Alternative Education Sir Isaac Brock Secondary School0.2 km
Public · Hamilton-Wentworth DSB · 65 students
- Cathedral High School0.5 km
Catholic · Hamilton-Wentworth CDSB · 1650 students
Grade 10 literacy: 64% met the provincial standard
- St. Charles Catholic Adult Secondary School2.1 km
Catholic · Hamilton-Wentworth CDSB · 345 students
Elementary
- St. Patrick Catholic Elementary School0.3 km
Catholic · Hamilton-Wentworth CDSB · 405 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 41% met the provincial standard
- Dr. J. Edgar Davey Elementary Public School0.4 km
Public · Hamilton-Wentworth DSB · 585 students
Grade 3 reading: 65% met the provincial standard · Grade 6 math: 14% met the provincial standard
- Queen Victoria Elementary Public School0.8 km
Public · Hamilton-Wentworth DSB · 585 students
Grade 3 reading: 48% met the provincial standard · Grade 6 math: 14% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8R
- Population
- 11,651
- Private dwellings
- 6,113
- Median age
- 38.4
- Average household size
- 2
- Median household income
- $53,600
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Other in Hamilton · last 12 months
- Median sold price
- $683,000
- Homes sold
- 5,001
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,001 recorded sales of other properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$749,800
Estimated Monthly Payment
$18,418
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $18,418/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $937/mo
Estimates only. Consult a financial advisor.
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