81 Hamilton Street N, Hamilton, ON L0R 2H0
Hamilton, ON, L0R 2H0 · Waterdown
About this property
Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.
Features & Amenities
- Basement: Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out
- Garage: None
- Cooling: Wall Unit(s)
- Heat Type: Baseboard
- Heat Source: Electric
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 12 |
| Bathrooms | 12 |
| Basement | Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out |
| Garage | None |
| Parking Spaces | 10 |
| Heat Type | Baseboard |
| Heat Source | Electric |
| Cooling | Wall Unit(s) |
| Sewer | Sewer |
| Annual Tax | $10,120 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
Exterior Features
- Other Structures
- Garden Shed
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out
- Approximate Age
- 31-50
Heating & Cooling
- Heat Type
- Baseboard
- Heat Source
- Electric
- Cooling
- Wall Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 10
- Parking Total
- 10.00
- Parking Features
- Available
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 123.00
- Lot Width
- 75.00
Community & Neighborhood
- Property Features
- Public Transit, Place Of Worship, Park, Rec./Commun.Centre, School
Financial & Tax
- Tax Annual Amount
- $10,120
- Tax Year
- 2025
- Possession Type
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 30
- Kitchens Above Grade
- 6
- Kitchens Total
- 6
- Bedrooms Above Grade
- 12
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Hamilton
- Cross Street
- West on Dundas St - North on Hamilton St
- Directions
- West on Dundas St - North on Hamilton St
- Special Designation
- Unknown
- Showing Requirements
- List Salesperson
Location
81 Hamilton Street N, Hamilton, ON L0R 2H0, Hamilton, ON, L0R 2H0