Address
27 Ontario Avenue, Hamilton, ON
Price
$ 999,900
Property Attributes
  • ID#X12796104
  • TypeCommercial
  • Listing Status Sold Conditional
  • CityHamilton
  • AreaStinson
  • NeighbourhoodStinson
  • Postal CodeL8N 2X1
  • StyleApts - 2 To 5 Units
  • Taxes$ 7618
  • Price$ 999,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4917
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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 History
4/22/2026 Listed $1,249,900
4/29/2026 5$1,199,900
5/26/2026 5$1,149,900
6/25/2026 14$999,900

General Features

Cooling Yes
Utilities Yes
Heater Type Gas Forced Air Open
Parking Spaces 7
Property Subtype Investment
Tax Year 2025
Lot Depth 90.0
Business Type Apts - 2 To 5 Units
County Hamilton
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status Sold Conditional
City Hamilton
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 7618.68
Building Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Owner+Tenant
Legal Description T 32,PL 117 ; HAMILTON

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type None
Spa No
Building Area Total 4917.0
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L8N 2X1

Price
AVG $1,000K
$1,000K
Taxes
AVG $7,618
$7,618
Visits
AVG 312
312
Data Provided by Inside Real Estate®