81 Hamilton Street N, Hamilton
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. (id:1945)
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Property details for 81 Hamilton Street N, Hamilton
- Type
- Multi-family
- Living Area
- 7,644 square feet
- Lot Size
- Bldg=75 x 123 FT
- Heating
- Baseboard heaters, Other
- Cooling
- Fully air conditioned
- Annual Taxes
- $10,120
Nearby Listings Stat
Estimated price and comparable properties near 81 Hamilton Street N
Active Listings
117
Min Price
$95,000
Max Price
$5,490,000
Avg Price
$1,081,066
Days on Market
51
days
Sold Listings
55
Min Sold Price
$369,000
Max Sold Price
$2,290,000
Avg Sold Price
$938,239
Days until Sold
60
days
Neighbourhood Census Data
Hamilton, Ontario
Population
854
Median Age
40.5
Median Income
$45,696
Dwelling Value
$500,789
Housing Tenure
Owners 83%
Renters 18%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.6
Pop. Density: 4,080.3/km²
Avg Shelter Cost: $1,640/mo
Owners with Mortgage: 70.4%
Owners Spending 30%+: 18.2%
Tenants Spending 30%+: 45.5%
English only: 94.1%
English and French: 6.5%
Median Household Income: $103,680
Median Employment Income: $49,408
Price History
Listed
July 18, 2026
by Royal LePage Real Estate Services Ltd., Brokerage
Current Price
$2,999,000
Type
Multi-family
For Sale