Personal Pic

Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$1,199,900
Available - For Sale
Listing ID: X12796104
27 Ontario Avenue , Hamilton, L8N 2X1, Hamilton


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.
Price $1,199,900
Taxes: $7618.68
Tax Type: Annual
Occupancy: Owner+T
Address: 27 Ontario Avenue , Hamilton, L8N 2X1, Hamilton
Postal Code: L8N 2X1
Province/State: Hamilton
Legal Description: T 32, PL 117 ; HAMILTON
Directions/Cross Streets: Main St/Ontario St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 4917.00
Total Area Code:  Square Feet
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MICHAEL ST.JEAN REALTY INC.
Personal Picture
Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Investment
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stinson
Style:
Lot Size: x 90.00(Feet)
Approximate Age:
Tax: $7,618.68
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years