Deepak Sharma
Broker
Remax Royal Properties Realty Brokerage, Brokerage
Independently owned and operated.
7595 Markham Rd #19 , Markham, Ontario L3S0B6
Cell: 647-229-0670Office: 905-554-0101
$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 |
| 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 |
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| MICHAEL ST.JEAN REALTY INC. |
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Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Stinson |
| Tax: | $7,618.68 |
| Fireplace: | N |
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