$1,674,900
167-177 Wilson Street, Hamilton, ON L8R 1E3
Beasley · Hamilton · L8R 1E3
Listing brokerage: RIGHT AT HOME REALTY
- Beds
- 18
- Baths
- 6
- Sq ft
- 5000 +
- Parking
- 0
Monthly costs
Property taxes
$724/mo
$8,683 a year (2025)
The home
- Lot size
- 16 × 63 ft
- Style
- 2-Storey
- Parking
- None
- Faces
- East
- Heating · cooling
- Forced Air
- Possession
- Immediate
About this home
Prime Downtown Development Gem & Income-Producing Unmissable Opportunity with 7.6% CAP RATE. Secure a high-performing asset with unparalleled future upside. This is a rare chance to acquire six side-by-side Townhouses in a prime Downtown location, offering immediate and significant cash flow from day one. Enjoy a massive annual NOI of $126,743 (Gross Income: $149,892). Tenants cover all utilities directly, ensuring minimal landlord overhead. Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. 2 Units are Vacant and have been recently renovated, ready for new Tenants. The property already holds downtown zoning for an ambitious seven-story mixed-use development. Buyer has the option to pursue severance to create six individual standalone properties, or inquire about acquiring neighboring properties (potentially the entire block) for a transformative large-scale project. The surrounding area is a diverse, high-demand community, perfectly positioned for a dynamic "Live-Work-Play" concept that integrates modern residential units with ground-floor commercial space. Act Now! Whether you're seeking a strong cash-flowing asset or a large-scale development platform, this property delivers.
All details19 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing
Interior
- Bedrooms
- 18
- Bathrooms
- 6
- Kitchens
- 6
- Rooms
- 18
- Size
- 5000 + sq ft
Features
- Carpet Free
Heating & Cooling
- Heat source
- Gas
Parking
- Covered spaces
- 0
Exterior & Lot
- Exterior
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
Utilities
- Sewer
- Sewer
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- X13528686
- Type
- Multiplex
- Transaction
- For Sale
- Neighbourhood
- Beasley
- Cross streets
- Ferguson
Rooms · 6Washroom ×6
6 × 3-piece washroom
History
Past listings and sales for this home and building.
Location
167-177 Wilson Street, Hamilton, ON L8R 1E3 · Near Ferguson
Monthly cost
Estimated monthly cost
$8,140/mo
- Mortgage
- $7,416
- Property tax
- $724
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$367,131
$334,980 down + $32,151 to $33,401 in closing costs
- Ontario land transfer tax
- $29,973
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Property tax adjustment
- $428
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$1,674,900
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