41 Rymal Rd W, Hamilton, ON

House

For Sale

Listed price in listed location currency (CAD).

$1,599,888

000

MLS® X13147504

Overview

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage Outside/Surface

Taxes $22,484

Days Active 0

Lot Size

Approx. Age

MLS® Number X13147504

Property Address: 41 Rymal Rd W, Hamilton, ON, L9B1B5

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

Description

Multi-Income Commercial Investment | Car Wash + 3 Passive Leases Rarely does a commercial asset come to market with this level of capital investment already behind it and this many income streams already producing. This is a fully renovated, 6-bay self-serve coin-operated car wash on a C5-zoned site in Hamilton's most active automotive corridor - generating $125, 845 in gross annual revenue from four independent sources, with $473, 000+ in documented capital improvements completed in 2023-2024.Income streams: Car wash operations (CPA-confirmed, 2025), dog grooming tenancy to 2027, Freedom Mobile telecom tower lease (auto-renewing), and a newly executed 10-year digital billboard lease with EYE CANDY ADS. Three of the four require zero day-to-day involvement from the owner. The asset has been reset. Environmental remediation completed (clean cert issued 2024). Full asphalt repaving (6, 324 sq. ft.). All-new 6-bay car wash equipment under warranty. Tap & Wash cashless payment system installed across all bays - subscription membership model ready to launch with zero additional infrastructure cost. 12-camera HD security system. Remote monitoring app included. Proforma path to 6.9% cap via subscription revenue model already infrastructure-ready. C5 zoning permits mixed-use redevelopment up to 22 metres - the income keeps the asset cash-flowing while long-term options are evaluated.18, 500+ daily passing vehicles. Adjacent to Tim Hortons and Volvo Hamilton. Acura, Mercedes-Benz, BMW, Hyundai, Kia, and Nissan dealerships within minutes. 7 minutes to Hamilton International Airport. All financials sourced from 2025 CPA-compiled statements (CSRS 4200). Buyers to conduct independent due diligence.

MLS® NumberX13147504

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageOutside/Surface

Approx. Age

Basement

DrivewayGarage Type:Outside/Surface

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 20, 2026List Date

$1,599,888List Price

00/00/0000End Date

$XXX,XXXSold Price

Top Secret

00/00/0000List Date

$XXX,XXXList Price

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