$2,500,000
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45 Wellington Street N, Hamilton on L8R 1M9, Hamilton, ON L8R 1M9

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INVESTMENT OPPORTUNITY $2, 500, 000 | 7 MIXED-USE UNITS | 5.62% CAP RATE | $175, 740 SCHEDULED ANNUAL GROSS INCOME. 45 Wellington Street N presents a rare opportunity to acquire a fully converted, income-producing mixed-use property featuring 5 residential units, 2 commercial units and additional storage income, creating a diversified revenue stream in one of Hamiltons rapidly evolving urban corridors. Fully tenanted, the property generates approximately $14, 645/month in scheduled gross income, or $175, 740 annually, and is offered at an attractive 5.62% capitalization rate. Extensive capital improvements include updated HVAC, plumbing and electrical systems, framing and insulation, spray foam insulation, separate hydro metering, roof and windows, on-site parking, a new garden suite, new walk-in cooler and water-powered metal fire escape, plus numerous additional upgrades. Potential financing opportunity: positioned for a potential $2M CMHC take-out under 100-point MLI Select, incorporating affordability and energy-efficiency considerations, with an estimated 9.6% cash-on-cash return, including the applicable default insurance premium. Strategically located near major transit, established amenities, employment centres and significant ongoing redevelopment, the property is well positioned to benefit from Hamiltons continued urban intensification and growth. D1 zoning provides flexibility and additional future opportunity. With diversified income, extensive improvements, an attractive cap rate and potential CMHC financing strategy, 45 Wellington Street N offers investors a compelling opportunity for current cash flow and long-term value creation. A distinctive Hamilton investment property offering scale, income and significant future potential.

Listing By: Abdellah Majd - Revel Realty Inc. cnitso Realty.com
  • MLS® 40863603
  • Date Listed09/15/2026
  • Days on Realty 15 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 1,938 sq. ft
  • County Hamilton

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 1,937.50
  • 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

95/100

Walker's Paradise

Walk Score ®

79/100

Excellent Transit

Transit Score ®

93/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

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: 55/100, Transit Score: 47/100, Bike Score: 53/100.

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 $2,500,000. 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 Tue September 15, 2026

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 47/100, Bike Score: 53/100.

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 2026-09-30 03:42:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.