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$ 1,499,000
Est. payment /mo
Active
66 Wellington ST S Hamilton, ON L8N 2R1
7 Beds
9 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision Corktown
MLS Listing ID X13774228
Style 3-Storey
Bedrooms 7
Annual Tax Amount $6,900
Tax Year 2026
Property Sub-Type Multiplex
Property Description
Exceptional opportunity to acquire a fully tenanted 8+1 multiplex in Hamilton's desirable Corktown neighbourhood, generating approximately $151,000 in annual gross rental income.This substantial three-storey income property has undergone extensive renovations and offers updated units with modern finishes, providing investors with a low-maintenance and income-producing addition to their portfolio. Tenant amenities include private balconies and patios, on-site laundry, separate unit entrances and a finished basement.Situated on a deep 36.6 134.5 ft lot in a high-demand central location, the property is just minutes from downtown Hamilton, the Hamilton GO Centre, major transit routes, shopping, restaurants and everyday amenities.With strong existing rental income, full occupancy, recent capital improvements and excellent long-term potential, this is an outstanding opportunity for both experienced and first-time multifamily investors.Financial information and supporting documents are available to qualified buyers. A minimum of 24 hours' notice is required for all showings.
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Family Room No
Basement Finished, Separate Entrance
Kitchen 9
Separate Den/Office 2
Interior
Interior Features Other
Heating Yes
Cooling Wall Unit(s)
Fireplace No
Heat Source Electric
Exterior
Parking Features Other
Pool None
Roof Type Asphalt Shingle
Lot Frontage 36.58
Lot Depth 134.5
Building
Building Age 51-99
Foundation Brick
Others
ParcelsYN No
Listed by RE/MAX ABOUTOWNE REALTY CORP.