66 Wellington Street S,Hamilton, ON L8N 2R1
Hamilton, ON L8N 2R1
Description
Exceptional opportunity to acquire a fully tenanted 8+1 multiplex in Hamilton's desirable Corktown neighbourhood, generating approximately $151,000 in annual gross rental income.This substantial three-storey income property has undergone extensive renovations and offers updated units with modern finishes, providing investors with a low-maintenance and income-producing addition to their portfolio. Tenant amenities include private balconies and patios, on-site laundry, separate unit entrances and a finished basement.Situated on a deep 36.6 134.5 ft lot in a high-demand central location, the property is just minutes from downtown Hamilton, the Hamilton GO Centre, major transit routes, shopping, restaurants and everyday amenities.With strong existing rental income, full occupancy, recent capital improvements and excellent long-term potential, this is an outstanding opportunity for both experienced and first-time multifamily investors.Financial information and supporting documents are available to qualified buyers. A minimum of 24 hours' notice is required for all showings.
Details
| MLS # | X13880250 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 19 |
| Listing Provided By | RE/MAX ABOUTOWNE REALTY CORP. | X13880250 083603 |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 9 |
| Basement | Y |
| Story(s) | 3 |
| Acreage | 0.11 |
Interior
| Interior Features | Other |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Wall Unit(s) |
| Heat Source | Electric |
| Fireplace Yes / No | No |
| Rooms Total | 18 |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Brick |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Other |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 7000 |
|---|---|
| Tax Legal Description | Pt Lt 16-17 Pl 48 S/S Jackson St City Of Hamilton |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 2R1 |
| Area | Corktown |
| Listing VS Median (in L8N 2R1) | |
Price: $1,489,900 low | high Med: $0 On site: 19 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 2R1 |
| Area | Corktown |
| Listing VS Median (in L8N 2R1) | |
Price: $1,489,900 low | high Med: $0 On site: 19 low | high Med: | |
 | $1,149,00058 Wellington Street SHamilton, ON L8N 2R1 |
 | $1,149,00058 Wellington Street SHamilton, ON L8N 2R1 |
 | $1,575,00025 West Avenue SHamilton, ON L8N 2S2 |