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For saleMLS® X14106310

51 Covington Street, Hamilton, ON L8E 2Y4

Grayside · L8E 2Y4

$6,495,000

$230 / sq ft

2 weeks on market

Total area
28,299 sf
0

What's special

  • Outside/surface garage
  • Yes

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About this property

28,299 SF freestanding industrial building in Hamilton with excellent access to major transportation routes and nearby amenities. The property features 3 drive-in doors, 600 Amps of power, andis fuly air conditioned. Equipped with two 5-ton cranes, offering functionality for a variety of industrial users. The floor plan includes approximatley 4,400 SF of office space. M2 zoning permits a wide range of industrial uses.

Property details

Property

Property type
industrial
Interior size
28,299 sq ft
Zoning
M2
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$6,495,000
Property taxes
$60,419 / year (2026)
Price per sq ft
$230

Listing

MLS® number
X14106310
Status
For sale
Listed
October 22, 2026
Days on market
14
Last updated
October 22, 2026
Listing brokerage
COLLIERS

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 83% of comparable industrial listings in Hamilton are asking less.

$1Median $1.60M$10.40M
This home
$230 / sq ft
Comparable median
$284 / sq ft

Based on 52 comparable active industrial listings in Hamilton. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,299,000
$1,299,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$28,729.58
Property tax (est.)
$5,034.93
Estimated monthly
$33,765

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
$148,850
Total due on closing
$148,850

An estimate on the asking price of $6,495,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of COLLIERS. 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.

$6,495,000

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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