167-177 Wilson Street, Hamilton, ON L8R 1E3
Hamilton
Prime Downtown Development Gem & Income-Producing Unmissable Opportunity with 7.6% CAP RATE. 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. Enjoy a massive annual NOI of $126,743 (Gross Income: $149,892). Tenants cover all utilities directly, ensuring minimal landlord overhead. Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. 2 Units are Vacant and have been recently renovated, ready for new Tenants. The property already holds downtown zoning for an ambitious seven-story mixed-use development. 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. 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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 167-177 Wilson Street, Hamilton, ON L8R 1E3
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13528686
Listed by RIGHT AT HOME REALTY
On market since Jul 6, 2026
167-177 Wilson Street, Hamilton, ON L8R 1E3 is listed for $1,674,900 CAD.
167-177 Wilson Street, Hamilton, ON L8R 1E3 has 18 bedrooms and 6 bathrooms.
167-177 Wilson Street, Hamilton, ON L8R 1E3 is a Multiplex.
167-177 Wilson Street, Hamilton, ON L8R 1E3 is in Hamilton, Ontario.
167-177 Wilson Street, Hamilton, ON L8R 1E3 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 167-177 Wilson Street, Hamilton, ON L8R 1E3 (MLS# X13528686). You can also send a message through the contact form on this site.
