167-177 Wilson Street Hamilton, Ontario L8R 1E3
$1,674,900
Prime Downtown Development Gem & Income Producing Unmissable Opportunity with 7.6% CAP RATE. 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. Enjoy a massive annual NOI of $126,743 (Gross Income: $149,892). Tenants cover all utilities directly, ensuring minimal landlord overhead. Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. 2 Units are Vacant and have been recently renovated, ready for new Tenants. The property already holds downtown zoning for an ambitious seven-story mixed-use development. 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. 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. (id:43681)
房源概要
| MLS® Number | 40845620 |
| 房源类型 | Multi-family |
| 附近的便利设施 | 游乐场 |
| 社区特征 | High Traffic Area, 社区活动中心 |
详 情
| 浴室 | 6 |
| 总卧房 | 18 |
| 地下室类型 | 没有 |
| 空调 | 没有 |
| 外墙 | 乙烯基壁板 |
| 地基类型 | 混凝土浇筑 |
| 供暖类型 | 压力热风 |
| 储存空间 | 2 |
| 内部尺寸 | 6288 Sqft |
车 位
| None |
土地
| 英亩数 | 无 |
| 土地便利设施 | 游乐场 |
| 污水道 | 城市污水处理系统 |
| 土地深度 | 63 Ft |
| 土地宽度 | 16 Ft |
| 不规则大小 | 0.02 |
| Size Total | 0.02 Ac|under 1/2 Acre |
| 规划描述 | D4 |
https://www.realtor.ca/real-estate/29994968/167-177-wilson-street-hamilton
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REALTORS® Association of Hamilton-Burlington
Right At Home Realty
July 06 2026 09:29:46
