15 WELLINGTON Street
Hamilton, ON
- 13,916 sqft
- Commercial Retail
- 110 days on market
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.
Listing Details
- Taxes (2025)
- $59,233
- Listed
- May 13, 2026
Price History
Property
- Lot Size
- 132.27 x 177.38 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- None
Location & Legal
- Cross Street
- On the west side of Wellington Street North between King Street East and King William Street.
- Zoning
- D3 - Downtown Mixed Use
- Parcel Number
- 171680144
- Possession
- Flexible
- Occupancy
- Tenant
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
Commercial in Hamilton · last 12 months
- Median sold price
- $680,000
- Homes sold
- 4,971
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,971 recorded sales of commercial properties in Hamilton over the last 12 months.
Listed by
Corcoran Horizon Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 13,916 sq ft
- Price per sq ft
- $269.40
- Annual property tax
- $59,233
- Tax per sq ft
- $4.26
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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