$589,000
Est. payment $2,608/moCalculate yours
70 Wellington Street S, Hamilton, ON L8N 2R1
Corktown, Hamilton, ON L8N 2R1
- 4 Beds
- 2 Baths
- 1,500 Sq Ft
Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP. MLS® X14030516
About this home
An exceptional investment and development opportunity in the heart of Hamilton’s desirable Corktown neighbourhood. Situated on an impressive 44 108 ft lot, this fully rented two-unit property offers immediate rental income together with exciting long-term potential.The property features two self-contained residential units, each offering two bedrooms and one bathroom. Both units are currently rented, providing investors with income from day one. The home offers spacious interiors, updated finishes, heating and air conditioning, and two on-site parking spaces.Ideally located minutes from downtown Hamilton, major transit routes, the Hamilton GO Centre, shopping, restaurants, parks and everyday amenities. Redevelopment plans are available for prospective buyers to review. The large lot may offer opportunities for future expansion or redevelopment, subject to municipal zoning, required approvals and the buyer’s own due diligence.A rare opportunity to acquire a beautiful income-producing property with a generous lot in a high-demand central location-ideal for investors, developers or buyers looking for immediate income and excellent future potential. A minimum of 24 hours’ notice is required for showings.
Property details
Overview
- Property Type
- Detached
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Unfinished, Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 44 x 108 Feet
- Parking
- None garage · 2 total
- Zoning
- D5
Financial
- Property Taxes
- $3,950 (2026)
Location
- Neighbourhood
- Corktown
- Cross Street
- KING ST E TO WELLINGTON ST S
- Direction Faces
- South
Listing
- MLS® Number
- X14030516
- Days on Market
- 4
- Listed On
- 2026-10-14
- Listed By
- RE/MAX ABOUTOWNE REALTY CORP.
Features
Interior
- Other
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,608 per month
- Principal and interest
- $2,608
- Property tax
- $329
- Condo fees
- $0
- Estimated monthly cost
- $2,937
Your mortgage
- Mortgage amount
- $471,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $311,189
Cash to close
- Down payment
- $117,800
- Land transfer tax
- $8,255
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $126,055
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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