Gurvinder Nokwal REALTOR®
For Sale Multiplex 93 days on market

$2,999,000

Est. payment $13,279/moCalculate yours

81 Hamilton Street N, Hamilton, ON L0R 2H0

Waterdown, Hamilton, ON L0R 2H0

  • 12 Beds
  • 12 Baths
  • 5,000 Sq Ft

Listing courtesy of Royal LePage Real Estate Services Ltd., Brokerage MLS® X13579458

About this home

Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown’s most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.

Property details

Overview

Property Type
Multiplex
Style
2-Storey
For
For Sale
Status
New
Approximate Age
31-50
Size
5,000 sqft

Interior

Bedrooms
12
Bathrooms
12
Kitchens
6
Basement
Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out

Building & Systems

Heating
Baseboard (Electric)
Cooling
Wall Unit(s)
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
75 x 123 Feet
Parking
None garage · 10 total

Financial

Property Taxes
$10,120 (2025)

Location

Neighbourhood
Waterdown
Cross Street
West on Dundas St - North on Hamilton St
Direction Faces
West

Listing

MLS® Number
X13579458
Days on Market
93
Listed On
2026-07-17
Listed By
Royal LePage Real Estate Services Ltd., Brokerage

Rooms

Room Level
Dining Room Ground
Kitchen Ground
Primary Bedroom Second
Kitchen Second
Bedroom Ground
Living Room Second
Dining Room Second
Primary Bedroom Ground
Living Room Ground
Kitchen Second
Bedroom Second
Dining Room Second

Features

Interior

  • None

Property

  • Public Transit
  • Place Of Worship
  • Park
  • Rec./Commun.Centre
  • School

Pool

  • None
Rental items
None

Mortgage calculator

Minimum for this price: $599,800 (20%)

Amortization, years

Estimated mortgage payment

$13,279 per month

Principal and interest
$13,279
Property tax
$843
Estimated monthly cost
$14,122

Your mortgage

Mortgage amount
$2,399,200
Mortgage insurance
Not needed
Interest over 25 years
$1,584,477

Cash to close

Down payment
$599,800
Land transfer tax
$61,450
Total, before legal fees
$661,250
Talk to me about financing

Estimates 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

81 Hamilton Street N, Hamilton, ON L0R 2H0 Waterdown, Hamilton, ON L0R 2H0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,999,000 81 Hamilton Street N, Hamilton, ON L0R 2H0
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