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Listed price in listed location currency (CAD).
$1,799,900

1860

MLS® 40792459

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 6288 sqft
Garage 
Taxes $8,141
Days Active 124
Lot Size 
Approx. Age 
Avg. Price Per Sqft $286
MLS® Number 40792459

Property Address: 167-177 Wilson St, Hamilton, ON, L8R1E3

Average square foot calculated using Size range provided by listing agent.

Description

Prime Downtown Development Gem & Income Producer • Unmissable Opportunity: Secure a high-performing asset with unparalleled future upside. This is a rare chance to acquire six side-by-side townhouses in a prime downtown location, offering immediate and significant cash flow from day one. • Zero-Friction Income: Enjoy a massive annual net operating income (NOI) of $131, 456 (Gross Income: $149, 892). Tenants cover all utilities directly, ensuring minimal landlord overhead. With 2 Vacant Units that can ben rented at market rent of $2100 each the CAP Rate reaches over 8%. • Ideal Units: Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. • Immediate Access: Unit #171 is vacant and ready for viewing— see the potential for yourself. • Zoning already in place: The property already holds downtown zoning approval for an ambitious seven-story mixed-use development. Skip the complex initial rezoning phase and move straight to planning. • Expansion Ready: The buyer has the option to pursue severance to create six individual standalone properties, or inquire about acquiring neighboring properties (potentially the entire block) for a transformative large-scale project. • Vibrant Location: The surrounding area is a diverse, high-demand community, perfectly positioned for a dynamic "Live-Work-Play" concept that integrates modern residential units with ground-floor commercial space. • Act Now! Whether you're seeking a strong cash-flowing asset or a large-scale development platform, this property delivers
MLS® Number40792459
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementNone
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Apr 12, 2026End Date
Not Sold YetSold Price

For Sale

Dec 12, 2025List Date
$1,799,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
167-177 Wilson St, Hamilton, ON

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