REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,799,900
Est. payment /mo
Active
167-177 WILSON STREET Hamilton (beasley), ON L8R1E3
18 Beds
6 Baths
5,000 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $359
Subdivision Beasley
MLS® Listing ID X12631388
Bedrooms 18
Property Sub-Type Townhouse
Source Toronto Regional Real Estate Board
Property Description
Prime Downtown Development Gem & Income Producer. Unmissable Opportunity: Secure a high-performing asset with unparalleled future upside. This is a rare chance to acquire six side-by-side townhouses in a prime downtown location, offering immediate and significant cash flow from day one. Zero-Friction Income: Enjoy a massive annual net operating income (NOI) of $121,397 (Gross Income: $142,692). Tenants cover all utilities directly, ensuring minimal landlord overhead. Ideal Units: Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. Immediate Access: Unit #171 is vacant and ready for viewing - see the potential for yourself. Zoning already in place: The property already holds downtown zoning approval for an ambitious seven-story mixed-use development. Skip the complex initial rezoning phase and move straight to planning. Expansion Ready: The buyer has the option to pursue severance to create six individual standalone properties, or inquire about acquiring neighboring properties (potentially the entire block) for a transformative large-scale project. Vibrant Location: The surrounding area is a diverse, high-demand community, perfectly positioned for a dynamic "Live-Work-Play" concept that integrates modern residential units with ground-floor commercial space. Act Now! Whether you're seeking a strong cash-flowing asset or a large-scale development platform, this property delivers (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None, Window air conditioner
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by RIGHT AT HOME REALTY
GET MORE INFORMATION
QUICK SEARCH