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$6,495,000

16 West Avenue S, Hamilton, ON L8N 2S1

Hamilton

Bedrooms
26
Bathrooms
0
Parking
19
Type
Multiplex
AI summary
Reading the listing details…

About this listing

An exceptional opportunity to acquire a truly one-of-a-kind heritage asset in the heart of Downtown Hamilton. 16 West Ave S is a stunning converted church, thoughtfully transformed into a loft-style apartment building in 2022, seamlessly blending historic character with modern functionality. Featuring soaring ceilings, dramatic stained-glass windows, and architectural details rarely found in today's market, the property comprises 18,879 SF with 19 fully occupied units, offering an ideal unit mix of 2 bachelor suites, 10 one-bedrooms, 5 two-bedrooms, and 2 three-bedrooms, complemented by 19 surface parking spaces. The asset is fully stabilized, generating approximately $313,205 in Net Operating Income, providing immediate, predictable cash flow. The property further benefits from highly attractive assumable financing at a fixed 3.72% interest rate extending to 2032. This below-market debt materially enhances returns and offers a significant advantage in today's rate environment. Perfectly positioned steps to shops, restaurants, theatres, and everyday amenities, and just moments from the Hamilton GO Station for seamless access along the GO Transit line, this central location is unmatched. Situated in a thriving urban core anchored by McMaster University and major professional sports franchises including the Hamilton Tiger-Cats and Toronto Rock, this is a rare, turnkey investment combining strong income fundamentals, irreplaceable character, and long-term upside.

Property details

Days on market
105 days
Property taxes
$56,771/yr (2025)
Lot size
153 × 122 Feet
Style
2-Storey
Heating
Forced Air (Gas)
Cooling
Central Air
Basement
Full, Partially Finished
Construction
Brick
Facing
South
Approximate age
100+

Payment calculator

$1,299,000 (20%)
%
Estimated payment
$28,758 /mo
Mortgage amount
$5,196,000

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 16 West Avenue S, Hamilton, ON L8N 2S1

Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.

MLS# X12739520

Listed by REAL BROKER ONTARIO LTD.

On market since Jan 29, 2026

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About 16 West Avenue S, Hamilton, ON L8N 2S1

How much is 16 West Avenue S, Hamilton, ON L8N 2S1?

16 West Avenue S, Hamilton, ON L8N 2S1 is listed for $6,495,000 CAD.

How many bedrooms and bathrooms does 16 West Avenue S, Hamilton, ON L8N 2S1 have?

16 West Avenue S, Hamilton, ON L8N 2S1 has 26 bedrooms and 0 bathrooms.

What type of property is 16 West Avenue S, Hamilton, ON L8N 2S1?

16 West Avenue S, Hamilton, ON L8N 2S1 is a Multiplex.

What neighbourhood is 16 West Avenue S, Hamilton, ON L8N 2S1 in?

16 West Avenue S, Hamilton, ON L8N 2S1 is in Hamilton, Ontario.

Is 16 West Avenue S, Hamilton, ON L8N 2S1 for sale or for rent?

16 West Avenue S, Hamilton, ON L8N 2S1 is currently for sale.

How do I book a showing for 16 West Avenue S, Hamilton, ON L8N 2S1?

Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 16 West Avenue S, Hamilton, ON L8N 2S1 (MLS# X12739520). You can also send a message through the contact form on this site.