167-177 WILSON Street, Hamilton, Ontario L8R1E3

167-177 WILSON Street
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Prime Downtown Development Gem & Income Producer •Unmissable Opportunity: 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. •Zero-Friction Income: Enjoy a massive annual net operating income (NOI) of $121,397 (Gross Income: $142,692). Tenants cover all utilities directly, ensuring minimal landlord overhead. Plus a CAP RATE of 6.8%. •Ideal Units: Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. •Immediate Access: Unit #171 is vacant and ready for viewing—see the potential for yourself. •Zoning already in place: The property already holds downtown zoning approval for an ambitious seven-story mixed-use development. Skip the complex initial rezoning phase and move straight to planning. •Expansion Ready: The 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. •Vibrant Location: 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

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

BasementNone
Bathrooms Total6
Bedrooms Total18
CoolingNone
HeatingForced air
Living Area6288 sqft

Building & Exterior

Exterior FeaturesVinyl siding
Foundation DetailsPoured Concrete
Number Of Units Total6
Parking FeaturesNone
Stories2.0

Land & Location

Community FeaturesHigh Traffic Area, Community Centre
Frontage Length16.0 feet
Lot Size Area0.02 acres
Lot Size Dimensions0.02
Subdivision Name140 - Beasley

Listing & Financials

Listing OfficeRight at Home Realty
Originating System NameCornerstone Association of REALTORS®

Other Specifications

Common InterestFreehold
CountryCanada

For Sale

$1,799,900

167-177 WILSON Street, Hamilton, Ontario L8R1E3

Beds

18

Baths

6

Living Area

6,288 sqft

Lot Size

0.02 acres

Property Type

Multi-family

Year Built

-

Listing ID40792459

Location & Map

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