27 Ontario AVE, Hamilton, ON L8N 2X1
27 Ontario AVE, Hamilton, ON L8N 2X1
27 Ontario AVE, Hamilton, ON L8N 2X1
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$999,900
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Stinson

MLS Listing ID X12796104

Annual Tax Amount $7,618

Tax Year 2025

Property Sub-Type Investment

Property Description

Exceptional multi-residential investment opportunity featuring 5 units in a prime central Hamilton location. Situated steps to the Downtown Core, West Harbour GO Station, Hamilton General Hospital, public transit routes, shops, and restaurants, and within close proximity to the Bruce Trail access points, Wentworth Stairs, and surrounding bike trails, this property benefits from strong tenant demand and long-term growth potential while offering exceptional walkability and outdoor amenities. The building's existing architecture and layout provide flexibility for future renovation or reconfiguration, offering the potential to increase bedroom count and optimize rental income. Featuring 9-20 ft ceilings, skylights, units with private outdoor terraces, separately metered services, and individual hot water tanks for each unit, the property delivers strong functionality and long-term operational efficiency. A rare highlight is the 7-8 car parking area, providing added convenience for tenants, enhancing rental appeal, and creating potential additional income opportunities in a high-density urban neighbourhood where parking is limited. Could also be ideal for a family, couple, or professional owner-occupier looking to live in one unit while offsetting mortgage carrying costs, with potential for short-term rental use subject to municipal regulations. Ideal for investors seeking a stable, income-producing asset with upside through value-add improvements in one of Hamilton's evolving urban pockets.

Location

State ON

County Hamilton

Area Hamilton

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 54.99

Lot Depth 90.0

Others

ParcelsYN No


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Listed by MICHAEL ST.JEAN REALTY INC.

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Jordan Pal

Jordan Pal

+1(416) 788-5673

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CEO, Co-founder

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