167-177 Wilson Street Hamilton (Beasley), Ontario L8R 1E3
$1,799,900
Prime Downtown Development Gem & Income Producer. Unmissable Opportunity: Secure a high-performing asset with unparalleled future upside. This is a rare chance to acquire six side-by-side townhouses in a prime downtown location, offering immediate and significant cash flow from day one. Zero-Friction Income: Enjoy a massive annual net operating income (NOI) of $121,397 (Gross Income: $142,692). Tenants cover all utilities directly, ensuring minimal landlord overhead. Ideal Units: Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. Immediate Access: Unit #171 is vacant and ready for viewing - see the potential for yourself. Zoning already in place: The property already holds downtown zoning approval for an ambitious seven-story mixed-use development. Skip the complex initial rezoning phase and move straight to planning. Expansion Ready: The buyer has the option to pursue severance to create six individual standalone properties, or inquire about acquiring neighboring properties (potentially the entire block) for a transformative large-scale project. Vibrant Location: The surrounding area is a diverse, high-demand community, perfectly positioned for a dynamic "Live-Work-Play" concept that integrates modern residential units with ground-floor commercial space. Act Now! Whether you're seeking a strong cash-flowing asset or a large-scale development platform, this property delivers (id:48469)
Property Details
| MLS® Number | X12631388 |
| Property Type | Single Family |
| Community Name | Beasley |
| EquipmentType | Water Heater |
| Features | Carpet Free |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 18 |
| BedroomsTotal | 18 |
| Age | 100+ Years |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| BasementType | None |
| ConstructionStyleAttachment | Attached |
| CoolingType | None, Window Air Conditioner |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 5000 - 100000 Sqft |
| Type | Row / Townhouse |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 63 Ft |
| SizeFrontage | 16 Ft |
| SizeIrregular | 16 X 63 Ft |
| SizeTotalText | 16 X 63 Ft |
| ZoningDescription | D4 |
https://www.realtor.ca/real-estate/29184568/167-177-wilson-street-hamilton-beasley-beasley
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 13 2025 06:20:53
Toronto Real Estate Board
Right At Home Realty