45 days on Market

165 & 169 Park Row, Hamilton, Ontario L8K 2K1

In the same building:
-
Condo
-
-
~20640 sqft
$5,600,000
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Condo
-
-
~20640 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$271/sqft

Est. Mortgage$24,050/mo

Tax Amount (2024)$45,928/yr

Days On Market45 days


Description

The Investments Group is pleased to offer a rare opportunity to acquire a 21-unit multifamily asset in Hamilton’s Delta neighborhood. This property combines strong cash flow with significant value-add potential. Qualified investors can take advantage of a direct-to-CMHC financing option, allowing them to secure low-cost debt and maximize long-term returns. A zoning assessment confirms the feasibility of adding one or two additional one-bedroom units, further enhancing revenue potential. Recent renovations and proactive maintenance minimize immediate capital expenditures while providing a clear path for future growth. With strong fundamentals, scalable upside, and long-term stability, this is an institutional-quality investment opportunity. Additional information and detailed financials available upon request.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~20640 SqFt
Lot Size6,999 SqFt(120 x 58.33)
Parking Spaces10
MLS ®Number40702794
Community NameDelta East
Data SourceITSO
Listing byRoyal LePage Burloak Real Estate Services

Features

Heating: Natural Gas, Radiant

Features

Lot size: 6,999 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 10


3Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 4, 2025
ListedActive
$5,600,000
45 days on market
history photo preview26
Listing by itso®
Property listed by Royal LePage Burloak Real Estate Services, Brokerage

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Population and Demographics

Overview

Total population 3540
Average household income $113,619

Age (%)

35 to 49
23%
50 to 64
21%
0 to 19
21%
20 to 34
20%
65 and plus
15%

Household composition (%)

Single family
65%
Single person
29%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
91%
Others
3%
Italian
2%
French
1%
Spanish
1%
Polish
1%

House tenancy (%)

Owners
74%
Renters
26%

Schools and amenities

Estimated Budget