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For saleMLS® X13579598

81 Hamilton Street N, Hamilton, ON L0R 2H0

Waterdown · L0R 2H0

$2,999,000

$392 / sq ft

3 months on market

Total area
7,644 sf
Lot
75 × 123 ft

What's special

  • Yes

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About this property

Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.

Property details

Property

Property type
investment
Interior size
7,644 sq ft
Lot size
75 × 123 ft
Zoning
C5 Mixed use
Possession
Flexible

Interior

Heating
Baseboard
Cooling
Yes

Costs

List price
$2,999,000
Property taxes
$10,120 / year (2025)
Price per sq ft
$392

Listing

MLS® number
X13579598
Status
For sale
Listed
July 17, 2026
Days on market
110
Last updated
July 20, 2026
Listing brokerage
Royal LePage Real Estate Services Ltd., Brokerage

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 84% of comparable multi-unit / investment listings in Hamilton are asking less.

$650KMedian $1.60M$4.01M
This home
$392 / sq ft
Comparable median
$330 / sq ft

Based on 49 comparable active multi-unit / investment listings in Hamilton. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $599,800
$599,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$13,265.59
Property tax (est.)
$843.33
Estimated monthly
$14,109

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$61,450
Total due on closing
$61,450

An estimate on the asking price of $2,999,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Royal LePage Real Estate Services Ltd., Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,999,000

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Comparable sales nearby

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Nearby sold prices are hidden

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