CAONHamilton140 - Beasley167 Wilson St
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167 Wilson St, Hamilton, ON

Real Estate

For Sale

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1860

MLS® 40792459

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 6288 sqft
Garage No
Maintenance Fees 
Taxes $8,141
Days Active 0
Approx. Age 
Avg. Price Per Sqft $286
MLS® Number 40792459

Property Address: 167 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 $122, 332 (Gross Income: $142, 116). Tenants cover all utilities directly, ensuring minimal landlord overhead. •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 (id:58753)Show Description
MLS® Number40792459
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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Price History

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  • Commute

Commute

Starting Address
Destination Address
167 Wilson St, Hamilton, ON

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