167-177 Wilson Street, Hamilton, ON L8R 1E3
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167-177 Wilson Street, Hamilton, ON L8R 1E3
167-177 Wilson Street, Hamilton, ON L8R 1E3
167-177 Wilson Street, Hamilton, ON L8R 1E3
167-177 Wilson Street, Hamilton, ON L8R 1E3
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Team Rocca

Team Rocca

The Rocca Sisters Team

+1(905) 335-4102
Listed by Harry Mand • Right at Home Realty
$ 1,674,900
Est. payment /mo
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167-177 Wilson Street Hamilton, ON L8R 1E3

18 Beds

6 Baths

6,288 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-6-9 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 6,288 sqft

Price per Sqft $266

MLS Listing ID 40845620

Bedrooms 18

Abv Grd Liv Area 6,288

Annual Tax Amount $8,683

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type Multi-6-9 Unit

Source Cornerstone

Property Description

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.

Location

Province ON

County Hamilton

Area 14 - Hamilton Centre

Zoning D4

Direction Intersection of Ferguson & Wilson

Rooms

Basement None

Kitchen 0

Interior

Interior Features None

Heating Forced Air

Cooling None

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Exterior Feature Year Round Living

Roof Type Asphalt Shing

Lot Frontage 16.0

Lot Depth 63.0

Garage No

Building

Lot Description Rectangular, City Lot, High Traffic Area, Library, Playground Nearby, Rec./Community Centre

Faces Intersection of Ferguson & Wilson

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Other

Level or Stories 2

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 171640098

Ownership Freehold/None

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Team Rocca

Team Rocca

Owner

+1(905) 335-4102

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167-177 Wilson Street