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41 Rymal Road W, Hamilton, ON L9B 1B5

Hamilton, ON, L9B 1B5 · Kennedy

Sq Ft
Commercial Retail Type
X13147504 MLS#

About this property

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.

Features & Amenities

  • Garage: Outside/Surface
  • Cooling: Partial
  • Heat Type: Gas Forced Air Open
  • Sewer: Sanitary+Storm

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Garage Outside/Surface
Heat Type Gas Forced Air Open
Cooling Partial
Sewer Sanitary+Storm
Annual Tax $22,484
Tax Year 2025

Building & Construction

Building Area Total
3403

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Partial

Parking & Garage

Garage Type
Outside/Surface

Lot & Land

Lot Size Units
Feet
Lot Depth
184.82
Lot Width
60.12

Community & Neighborhood

Community Features
Major Highway, Public Transit

Financial & Tax

Tax Annual Amount
$22,484
Tax Year
2025
Possession Type
Immediate
Possession Details
TBD

Utilities & Services

Sewer
Sanitary+Storm
Utilities
Yes

Additional Details

Occupant Type
Owner+Tenant
County Or Parish
Hamilton
Cross Street
Rymal and Upper James
Directions
Lincoln Alex to Upper James North and West on Rymal Road
Showing Requirements
List Brokerage

Location

41 Rymal Road W, Hamilton, ON L9B 1B5, Hamilton, ON, L9B 1B5

Listing courtesy of RE/MAX GOLD REALTY INC.
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