27 Ontario Avenue
Hamilton, L8N 2X1
FOR SALE
$1,299,900

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Investment
CATEGORY54.99 x 90
LOT SIZEX12796104
MLSIDContact Us
Property Description
Exceptional multi-residential investment opportunity featuring 5 units in a prime central Hamilton location. Situated steps to the Downtown Core, West Harbour GO Station, Hamilton General Hospital, public transit routes, shops, and restaurants, and within close proximity to the Bruce Trail access points, Wentworth Stairs, and surrounding bike trails, this property benefits from strong tenant demand and long-term growth potential while offering exceptional walkability and outdoor amenities. The building's existing architecture and layout provide flexibility for future renovation or reconfiguration, offering the potential to increase bedroom count and optimize rental income. Featuring 9-20 ft ceilings, skylights, units with private outdoor terraces, separately metered services, and individual hot water tanks for each unit, the property delivers strong functionality and long-term operational efficiency. A rare highlight is the 7-8 car parking area, providing added convenience for tenants, enhancing rental appeal, and creating potential additional income opportunities in a high-density urban neighbourhood where parking is limited. Could also be ideal for a family, couple, or professional owner-occupier looking to live in one unit while offsetting mortgage carrying costs, with potential for short-term rental use subject to municipal regulations. Ideal for investors seeking a stable, income-producing asset with upside through value-add improvements in one of Hamilton's evolving urban pockets.
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Property Details
Address
27 Ontario Avenue
Community
City
Postal Code
L8N 2X1
Property Type
Investment, Investment
Use
Apartment
Zoning
D
Lot Size
55' x 90'
Taxes
$7,619 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
7
Garage Type
None
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Listing contracted with Michael St.Jean Realty Inc.
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