27 Ontario Avenue, Hamilton, Ontario L8N 2X1

Listed for:
$1,249,900
6 beds
5 baths
Listed 43 days ago
27 Ontario Avenue, Hamilton, Ontario L8N 2X1

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About

East on Main St. to South on Ontario St. 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. (id:27476)

Property Highlights

MLS® Number
40800133
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
7

Building

Storeys
2.50
Square Footage
4917 sqft
Bathrooms Total
5
Bedrooms Total
6
Amenities
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Michael St. Jean Realty Inc.
MLS® number:
40800133
Agent:
Michael St. Jean
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