15-21 Wellington Street N, Hamilton, Ontario L8R 1M7

Listed for:
$3,749,000
0 beds
0 baths
Listed 3 days ago
15-21 Wellington Street N, Hamilton, Ontario L8R 1M7

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About

On the west side of Wellington Street North between King Street East and King William Street. Excellent investment and future redevelopment opportunity in the heart of Hamilton’s evolving downtown core. Located steps from a future LRT station and adjacent to the International Village BIA, this substantial mixed-use asset offers nearly 20,000 sq. ft. including basement space, plus the exceptional rarity of a 40+ car parking lot — a highly valuable feature in this increasingly urban, transit-oriented corridor. The property is substantially leased to a strong and diverse tenant mix including F45 Training Hamilton Downtown, Red Rockets BBQ, established office users, additional commercial tenants, and four character-filled two-storey loft residences featuring exposed brick, post-and-beam construction, and authentic urban-industrial appeal. Existing vacancy also presents immediate upside potential for investors seeking to increase income and further optimize the asset over time. Positioned within Hamilton’s highly flexible D3 Downtown Mixed Use zoning, the property permits a broad range of residential, commercial, institutional, entertainment, hospitality, and mixed-use redevelopment opportunities. The zoning framework encourages intensification through generous height permissions, minimal setbacks, pedestrian-oriented design, and transit-supportive density — making this an ideal candidate for future redevelopment as the surrounding downtown continues to transform. Whether viewed as a strategic land assembly, long-term hold, adaptive reuse opportunity, or income-producing redevelopment site, properties offering this combination of scale, parking, cashflow, zoning flexibility, and LRT adjacency are increasingly difficult to find. Purchasers may also wish to explore the rare opportunity to acquire the neighbouring property to the south, also available for sale, creating additional scale and future redevelopment potential along this rapidly evolving corridor. A rare opportunity to secure a landmark urban asset in one of Hamilton’s most strategic growth corridors. (id:27476)

Property Highlights

MLS® Number
40829820
Type
Other
Ownership Type
Freehold
Land Size
0.487 ac|under 1/2 acre
Parking Space Total
42

Building

Storeys
2.50
Square Footage
13916 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
Corcoran Horizon Realty
MLS® number:
40829820
Agent:
Martinus Dominicus Geleynse
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