81 Hamilton Street
Hamilton, ON
- 7,644 sqft
- Investment
- 52 days on market
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.
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Listing Details
- Taxes (2025)
- $10,120
- Listed
- July 17, 2026
Price History
Listing history
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Property
- Lot Size
- 75 x 123 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- West on Dundas St - North on Hamilton St
- Zoning
- C5 Mixed use
- Possession
- Flexible
- Occupancy
- Tenant
Community
Postal area L0R
- Population
- 83,602
- Private dwellings
- 29,717
- Median age
- 40.8
- Average household size
- 2.8
- Median household income
- $110,000
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
- 4,969
- Median days on market
- 28
- Sale-to-list price
- 97.1%
Based on 4,969 recorded sales of commercial properties in Hamilton over the last 12 months.
Listed by
Royal LePage Real Estate Services Ltd., Brokerage
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 7,644 sq ft
- Price per sq ft
- $392.33
- Annual property tax
- $10,120
- Tax per sq ft
- $1.32
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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