$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
Features
Interior
- None
Property
- Public Transit
- Place Of Worship
- Park
- Rec./Commun.Centre
- School
Pool
- None
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$13,279 per month
- Principal and interest
- $13,279
- Property tax
- $843
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $661,250
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
This photo could not be loaded.