$2,800,000
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45 Wellington Street N, Hamilton on L8R 1M9, Hamilton, ON L8R 1M9

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Brand new mixed-use investment opportunity in the heart of Hamilton's rapidly transforming urban core. This fully converted 7-unit asset is zoned D1 and strategically positioned steps from a major transit corridor, significant intensification projects, and numerous existing and proposed condominium developments. The property comprises 5 residential units and 2 commercial units, including 3 rare loft-style residential floor plans that offer a highly desirable blend of character, functionality, and modern design rarely found in purpose-built rental inventory. Offered with assumable CMHC MLI Select financing featuring a 5-year term at 4.13% interest (potentially lower subject to lender approval) and an attractive 50-year amortization, creating exceptional cash flow and long-term financing stability. The property has undergone a comprehensive transformation with virtually all major infrastructure replaced, including electrical, plumbing, HVAC, framing, and insulation. Additional features include all split-unit heating and cooling systems, 8 separate hydro meters (including house meter), a brand-new galvanized powder-coated metal fire escape, 2018 roof, 2021 windows, and 4 on-site parking spaces. Offered at a 4.63% capitalization rate inclusive of taxes, insurance, common utilities, vacancy allowance, property management, and maintenance expenses. Enjoy close to $35, 000 in annual positive cash flow. A rare opportunity to acquire a turnkey, institutionally financed mixed-use asset in one of Hamilton's most active growth corridors with strong in-place income and significant long-term appreciation potential.

Listing By: Abdellah Majd - Revel Realty Inc. cnitso Realty.com
  • MLS® 40840287
  • Date Listed06/17/2026
  • Days on Realty 2 Days
  • Bedrooms 0
  • Bathrooms
  • Lot Size 0.04 acres (1,742 sq. ft)
  • County Hamilton

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.04
  • Lot Size SQFT 1,742.40
  • Lot Features Rectangular, City Lot, Public Transit

Directions

Wellington St N & King William St

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L8R 1M9

Discover key demographics, population statistics, and environmental insights for the Hamilton, ON area.

Walkability in ON / L8R 1M9

Source: Walk Score

89/100

Very Walkable

Walk Score ®

80/100

Excellent Transit

Transit Score ®

81/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.

Transit Summary

34 nearby routes: 33 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 58/100, Transit Score: 48/100, Bike Score: 54/100.

Points of Interest near 45 Wellington Street N, Hamilton ON L8R 1M9, Hamilton, ON L8R 1M9

Frequently Asked Questions for 45 Wellington Street N, Hamilton ON L8R 1M9

Source: Realty.com

45 Wellington Street N, Hamilton ON L8R 1M9, Hamilton, ON L8R 1M9 in Hamilton, ON L8R 1M9 is a other listed at $2,800,000. Highlights include 0.04 acre lot. Realty.ca has 37 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 37 photos of 45 Wellington Street N, Hamilton ON L8R 1M9.

The full address for this home is 45 Wellington Street N, Hamilton ON L8R 1M9, Hamilton, ON L8R 1M9.

45 Wellington Street N, Hamilton ON L8R 1M9 has been listed on Realty.com since Wed June 17, 2026

Most errands can be accomplished on foot. Transit is convenient for most trips. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 58/100, Transit Score: 48/100, Bike Score: 54/100.

Listing provided courtesy of: Revel Realty Inc. - itso - 1839927 (tel: 905-592-0990)
Listing agent: Abdellah Majd - UnknownState (tel: 905-921-6253)

This content last refreshed on 2026-06-19 08:10:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.