Property description for 167-177 Wilson Street, Hamilton, ON L8R 1E3

Prime Downtown Development Gem & Income Producing Unmissable Opportunity with 7.6% CAP RATE. 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. Enjoy a massive annual NOI of $126,743 (Gross Income: $149,892). Tenants cover all utilities directly, ensuring minimal landlord overhead. Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. 2 Units are Vacant and have been recently renovated, ready for new Tenants. The property already holds downtown zoning for an ambitious seven-story mixed-use development. 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. 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:38686)

QUICK OVERVIEW

$266 / Sq Ft
None
Forced air
15 Days on website
0.02 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Harry Mand

Listing Office Right at Home Realty, 905-637-1700

Updated Tuesday, July 21, 2026 at 3:35:06 PM

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NEIGHBOURHOOD

About the Beasley Neighbourhood

Les acheteurs qui apprécient autant les milieux de vie animés que passer du temps à l'extérieur se plairont dans Beasley. Le quartier n'est pas connu pour son caractère animé, mais ses rues commerciales sont tout de même plutôt fréquentées, et avec ses quelques 10 bars, cette partie d'Hamilton offre un très grand nombre d'options pour ceux qui aiment sortir le soir. Néanmoins, on compte une cinquantaine de parcs à proximité, comme par exemple Eastwood Park et Bayfront Park, et ceux-ci sont particulièrement bien répartis dans le secteur, ce qui en rend l'accès très facile.

Learn more about Beasley

High Schools

Au moins une école secondaire à moins de 5 minutes à pied

Elementary Schools

Au moins une école primaire à moins de 5 minutes à pied

Daycares

Au moins une garderie à quelques pas à pied

Groceries

Grande variété d'épiceries à quelques pas

Pedestrian friendly

L'ensemble des besoins quotidiens peut être comblé à quelques minutes de marche