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$1,599,888
Ontario,Hamilton (Kennedy)
For Sale Active
41 RYMAL ROAD W, Hamilton (Kennedy), Ontario L9B1B5
  • 3,403 Sqft
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Basic Details
Description

Multi-Income Commercial Investment | Car Wash + 3 Passive Leases Rarely does a commercial asset come to market with this level of capital investment already behind it and this many income streams already producing. This is a fully renovated, 6-bay self-serve coin-operated car wash on a C5-zoned site in Hamilton’s most active automotive corridor – generating $125, 845 in gross

annual revenue from four independent sources, with $473, 000+ in documented capital improvements completed in 2023-2024.Income streams: Car wash operations (CPA-confirmed, 2025), dog grooming tenancy to 2027, Freedom Mobile telecom tower lease (auto-renewing), and a newly executed 10-year digital billboard lease with EYE CANDY ADS. Three of the four require zero day-to-day involvement from the owner. The asset has been reset. Environmental remediation completed (clean cert issued 2024). Full asphalt repaving (6, 324 sq. ft.). All-new 6-bay car wash equipment under warranty. Tap & Wash cashless payment system installed across all bays – subscription membership model ready to launch with zero additional infrastructure cost. 12-camera HD security system. Remote monitoring app included. Proforma path to 6.9% cap via subscription revenue model already infrastructure-ready. C5 zoning permits mixed-use redevelopment up to 22 metres – the income keeps the asset cash-flowing while long-term options are evaluated.18, 500+ daily passing vehicles. Adjacent to Tim Hortons and Volvo Hamilton. Acura, Mercedes-Benz, BMW, Hyundai, Kia, and Nissan dealerships within minutes. 7 minutes to Hamilton International Airport. All financials sourced from 2025 CPA-compiled statements (CSRS 4200). Buyers to conduct independent due diligence. (id:62783)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13147504
  • Price: $1,599,888
  • Square Footage: 3,403 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 290183
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Partially air conditioned
Address Map
  • Location: CA, Ontario, Hamilton (Kennedy), L9B1B5
  • Street: Rymal
  • Street Number: 41
  • Street Suffix: Road
  • Longitude: W80° 6' 16.7''
  • Latitude: N43° 12' 9.7''
  • Street Dir Suffix: West
Additional Information
  • Water Source:
  • Business Type: Automobile
  • Lot Size Dimensions: 60.12 x 184.82 FT
Financial
  • Tax Annual Amount: 22484.17
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Listing updated: 2026-06-20 15:06:23
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Listing Information
  • List Agent Key: 1667374
  • List Office Key: 290183
  • Modification Timestamp: 2026-05-20T12:25:43Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-05-20T12:17:09Z
Powered by REALTOR.ca
Listing updated: 2026-06-20 15:06:23
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