76 days on Market

81 Hamilton St, Hamilton, Ontario L0R 2H0

Other
-
-
~7644 sqft
$2,999,000
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Other
-
-
~7644 sqft

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Highlights

Property Estimate

Days on market76 days

Estimated valueNot available

Price/Sqft$392/sqft

Monthly cost

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Description

Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.


Property Details

StyleApartment
View-
Age of property-
SqFt~7644 SqFt
Lot Size9,225 SqFt(123 x 75)
Parking Spaces-
MLS ®NumberX13579598
Community NameWaterdown
Data SourceTRREB
Listing byRoyal LePage Real Estate Services Ltd., Brokerage

Features

Heating: Baseboard
Cooling: Y

Features

Lot size: 9,225 SqFt

Property listed by Royal LePage Real Estate Services Ltd., Brokerage, Brokerage
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Market Data - Waterdown

Geo Zone Map ThumbnailWaterdown

Balanced Market

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Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2025

41 days

2024

38 days

2023

15 days

New Listings

Past 30 days

29 listings

Compared to

2025

29 listings

2024

35 listings

2023

27 listings

Units sold

Past 30 days

13 units

Compared to

2025

9 units

2024

12 units

2023

7 units

Median Sold Price

Past 30 days

$820,000

Compared to

2025

$1,100,000

2024

$1,039,500

2023

$815,000


Population and Demographics

Overview

Total population 9928
Average household income $160,659

Age (%)

0 to 19
24%
20 to 34
18%
35 to 49
20%
50 to 64
22%
65 and plus
16%

Household composition (%)

Single family
76%
Single person
21%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
91%
Others
7%
Polish
1%

House tenancy (%)

Owners
80%
Renters
20%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget