Home with brick exterior material, street for 66 Wellington St, Hamilton Ontario L8N 2R1
41 days on Market

66 Wellington St, Hamilton, Ontario L8N 2R1

Townhouse
7 + 2
9
~3500-5000 sqft
$1,750,000
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Townhouse
7 + 2
9
~3500-5000 sqft

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Highlights

Property Estimate

Days on market41 days

Estimated valueNot available

Price/Sqft$425/sqft

Monthly cost

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Description

Turn-Key 9-Unit Multiplex Prime Investment Opportunity!Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $161,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike.Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential.Property Highlights:Gross Annual Revenue: Approx. $161,000 Renovated Units: Modern finishes and upgrades throughoutExcellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio.


Property Details

Style3-Storey
View-
Age of property51-99
SqFt~3500-5000 SqFt
Lot Size4,920 SqFt(134.5 x 36.58)
Parking Spaces3
MLS ®NumberX12221204
Community NameCorktown
Data SourceTRREB
Listing byRE/MAX ABOUTOWNE REALTY CORP.

Features

Heating: Baseboard
Cooling: Wall Unit
Basement: Finished, Sep Entrance

Features

Lot size: 4,920 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Market Data - Corktown

Geo Zone Map ThumbnailCorktown

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

47 days

Compared to

2024

0 day

2023

5 days

New Listings

Past 30 days

1 listing

Compared to

2024

1 listing

2023

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

2 units

Median Sold Price

Past 30 days

$650,000

Compared to

2023

$625,000


Population and Demographics

Overview

Total population 7235
Average household income $92,159

Age (%)

0 to 19
15%
20 to 34
32%
35 to 49
20%
50 to 64
18%
65 and plus
14%

Household composition (%)

Single person
53%
Single family
38%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
76%
Arabic
5%
Gujarati
3%
Spanish
3%
Tagalog (Pilipino, Filipino)
2%
French
2%
Others
2%
Mandarin
1%
Somali
1%

House tenancy (%)

Renters
77%
Owners
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget