45 Wellington Street N Hamilton, ON L8R 1M9
Inscription par: ITSO / Listed By: Revel Realty Inc.

  45 Wellington Street N Hamilton, ON L8R 1M9

En vigueur (74 Jours)
1 940 979 $ (USD)
5
CAC
5
SDB
4 763
PI. CA.

Description

Brand new mixed-use investment opportunity in the heart of Hamilton's rapidly transforming urban core. This fully converted 7-unit asset is zoned D1 and strategically positioned steps from a major transit corridor, significant intensification projects, and numerous existing and proposed condominium developments.
The property comprises 5 residential units and 2 commercial units, including 3 rare loft-style residential floor plans that offer a highly desirable blend of character, functionality, and modern design rarely found in purpose-built rental inventory.
Offered with assumable CMHC MLI Select financing featuring a 5-year term at 4.13% interest (potentially lower subject to lender approval) and an attractive 50-year amortization, creating exceptional cash flow and long-term financing stability.
The property has undergone a comprehensive transformation with virtually all major infrastructure replaced, including electrical, plumbing, HVAC, framing, and insulation. Additional features include all split-unit heating and cooling systems, 8 separate hydro meters (including house meter), a brand-new galvanized powder-coated metal fire escape, 2018 roof, 2021 windows, and 4 on-site parking spaces.
Offered at a 4.85% capitalization rate inclusive of taxes, insurance, common utilities, vacancy allowance, property management, and maintenance expenses. Enjoy close to $35,000 in annual positive cash flow. A rare opportunity to acquire a turnkey, institutionally financed mixed-use asset in one of Hamilton's most active growth corridors with strong in-place income and significant long-term appreciation potential.

MLS®:
40840934
Les impôts
$12,648
Catégorie
Multifamily
Ville
Hamilton

Listed By

Abdellah Majd, Revel Realty Inc.
Source
ITSO
Dernière vérification Août 29 2026 à 2:46 PM EDT
Détails sur les salles de bains
Caractéristiques Intérieures
  • Built-In Appliances
  • Laundry: Shared
Informations sur le lot
  • Public Transit
  • City Lot
Chauffage et refroidissement
  • Electric
  • Ductless
Informations sur les sous-sols
  • Full
  • Unfinished
Caractéristiques extérieures
  • Toit: Asphalt Shing
Informations sur les services publics
  • Sewer: Sewer (Municipal)
Stationnement
  • Total: 4
Étages
  • 3
Surface Habitable
  • 4,763 pi. ca.

Historique des prix des annonces

Date
Événement
Prix
% Variation en
$ (+/-)
Août 01, 2026
Prix modifié
2 700 000 $
-4%
-100 000 $
Alimenté par Walk Score®
Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 8/29/26 07:46