Unknown for 85 Wilson St, Hamilton Ontario L8R 1C7
Re-listed 49 days ago

85 Wilson St, Hamilton, Ontario L8R 1C7

Townhouse
5
4
~2000-2500 sqft
$•••,•••
$949,000
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$4,745Cashback
Townhouse
5
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market49 days

Total days on market
134 days

Estimated valueNot available

Price/Sqft$427/sqft

Monthly cost

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*Based on last 30 days

Description

Turn-Key 4-Plex Investment Opportunity in Prime Downtown Location. Rare opportunity to own a fully tenanted and updated 4-unit multiplex in the heart of downtown, just steps from Jackson Square and within walking distance to all major amenities.This well-maintained building features three 1-bedroom units and one 2-bedroom unit, each separately metered for hydro, offering strong income and minimal overhead. With a gross annual income of $84,000, this is the perfect property for first-time or seasoned investors looking for reliable cash flow. Property Highlights:Unit Mix: 3 x 1-Bedroom, 1 x 2-BedroomGross Income: $84,000 per year Condition: All units updated and furnished to standard. Features: Terrazzo floors in hallways, carpeted stairsFire Safety: Fire alarms and extinguishers on each hallway levelExtras: Locker room, on-site parkingSecurity: Very secure buildingThis is a hands-off, income-generating property in a high-demand area nothing to do but collect rent. Ideal for investors seeking stability and strong rental demand in a growing urban market.


Property Details

StyleOther
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size1,980 SqFt(60 x 33)
Parking Spaces1
MLS ®NumberX12201532
Community NameBeasley
Data SourceTRREB
Listing byRE/MAX ABOUTOWNE REALTY CORP.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Finished

Features

Lot size: 1,980 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Market Data - Beasley

Geo Zone Map ThumbnailBeasley

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

147 days

Compared to

2024

0 day

2023

6 days

2022

0 day

New Listings

Past 30 days

4 listings

Compared to

2024

1 listing

2023

2 listings

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

2 units

2022

0 unit

Median Sold Price

Past 30 days

$900,000

Compared to

2023

$511,500


Population and Demographics

Overview

Total population 6217
Average household income $84,755

Age (%)

0 to 19
17%
20 to 34
34%
35 to 49
19%
50 to 64
17%
65 and plus
13%

Household composition (%)

Single person
48%
Single family
41%
Multi person
11%
Multi family
1%

Mother tongue (%)

English
71%
Portuguese
4%
Spanish
4%
Arabic
3%
Somali
3%
Others
2%
Mandarin
2%
Gujarati
2%
Vietnamese
1%
Italian
1%
French
1%

House tenancy (%)

Renters
75%
Owners
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget