368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com
27 Ontario Avenue, Hamilton, ON L8N 2X1
$1,249,900 For Sale
  • Sale
  • Investment
  • 54 days ago
  • Updated: 2026-04-08

Overview

  • Investment
  • 0
  • 0
  • 7
  • 90 x 54.99
  • N/A

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.

Details

  • X12796104
  • 7
  • $1,249,900
  • Owner+Tenant
  • Apts - 2 To 5 Units
  • 4917 Square Feet
  • 90 x 54.99 Feet
  • N/A N/A
  • N/A
  • Investment
  • Sale

Additional details

  • Gas Forced Air Open /
  • D
  • $7618.68
  • 2025
  • T 32, PL 117 ; HAMILTON
  • N/A
  • N
  • Yes
  • Municipal

Properties you may like

Mortgage Calculator

  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Land Transfer Tax
  • CMHC

Estimate Your Rental Return

Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this Toronto investment property.

3%
Monthly Cash Flow
net per month
Annual Cash Flow
net per year
Monthly Costs
mortgage + expenses
Cost Coverage
costs vs rent

Toronto · Ontario  ·  Estimates only. Not financial or investment advice. Consult a licensed mortgage broker and accountant before making investment decisions.

FAQ
  • What is the total square footage of the X12796104 - 27 Ontario Avenue, Hamilton, ON L8N 2X1?

    The total square footage of this property is Unknown.

  • What schools near to X12796104 - 27 Ontario Avenue, Hamilton, ON L8N 2X1?

    The nearest schools are St. Patrick Catholic Elementary School for elementary and Cathedral High School for secondary.

RoofUp
Logo