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Home ON Greater Hamilton Hamilton Old Hamilton Beasley
167-177 WILSON STREET
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167-177 WILSON STREET $1,799,900
4 hours ago
$1,799,900
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167-177 WILSON STREET
Hamilton (Beasley), Ontario L8R1E3

MLS® Number: X12631388
18
Bedrooms
6
Bathrooms
5000 - 100000
Square Feet

Listing Description

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 $122,332 (Gross Income: $142,116). 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 (41815956)

Location Description

Cross Streets: Ferguson. ** Directions: Intersection of Ferguson and Wilson.

Property Summary

Property Type
Single Family
Building Type
Row / Townhouse
Storeys
2
Square Footage
5000 - 100000 sqft
Community Name
Beasley
Title
Freehold
Land Size
16 x 63 FT
Age Of Building
100+ years
Annual Property Taxes
$8,141
Parking Type
No Garage
Time on REALTOR.ca
4 hours

Building

Bedrooms
Above Grade
18
Bathrooms
Total
6
Interior Features
Appliances Included
Dryer, Stove, Washer, Refrigerator
Basement Type
None
Building Features
Features
Carpet Free
Foundation Type
Concrete
Style
Attached
Rental Equipment
Water Heater
Heating & Cooling
Cooling
None, Window air conditioner
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
No Garage
Total Parking Spaces
0

Measurements

Square Footage
5000 - 100000 sqft

Land

Lot Features
Frontage
16 ft
Land Depth
63 ft
Other Property Information
Zoning Description
D4
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