27 Ontario Avenue, Hamilton, ON L8N 2X1
Hamilton, ON, L8N 2X1 · Stinson
About this property
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.
Features & Amenities
- Garage: None
- Cooling: Yes
- Heat Type: Gas Forced Air Open
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Garage | None |
| Parking Spaces | 7 |
| Heat Type | Gas Forced Air Open |
| Cooling | Yes |
| Annual Tax | $7,619 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 4917
Heating & Cooling
- Heat Type
- Gas Forced Air Open
- Cooling
- Yes
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 7
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 90.00
- Lot Width
- 54.99
Financial & Tax
- Tax Annual Amount
- $7,619
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Utilities
- Yes
Additional Details
- Occupant Type
- Owner+Tenant
- County Or Parish
- Hamilton
- Cross Street
- Main St/Ontario St
- Directions
- East on Main St/South on Ontario St
- Showing Requirements
- Showing System
Location
27 Ontario Avenue, Hamilton, ON L8N 2X1, Hamilton, ON, L8N 2X1