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$1,799,900
Ontario,Hamilton (Beasley)
For Sale Active
167-177 WILSON STREET, Hamilton (Beasley), Ontario L8R1E3
  • 18
  • 6
  • 5000 - 100000Square Feet
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12631388
  • Price: $1,799,900
  • Bedrooms: 18
  • Bathrooms: 6
  • Square Footage: 5000 - 100000 Sqft
  • Status: Active
  • Office Name: RIGHT AT HOME REALTY
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 279033
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None, Window air conditioner
  • Basement: None
  • Parking: No Garage
  • Exterior Features: Vinyl siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Hamilton (Beasley), L8R1E3
  • Street: Wilson
  • Street Number: 167-177
  • Street Suffix: Street
  • Longitude: W80° 8' 47.5''
  • Latitude: N43° 15' 18.9''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 16 x 63 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 8141
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Listing updated: 2025-12-13 21:53:19
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Listing Information
  • List Agent Key: 2190882
  • List Office Key: 279033
  • Modification Timestamp: 2025-12-13T18:35:27Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-12-13T18:20:53Z
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Listing updated: 2025-12-13 21:53:20
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