167-177 Wilson Street

Hamilton, ON L8R 1E3 ( Beasley)

Quick Facts

Type: Att/Row/Townhouse

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 8,141 ( 2025)

Updated: 2026-03-10 14:19:57

Description

Prime Downtown Development Gem & Income Producing Unmissable Opportunity with over 8% 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. Zero-Friction Income: Enjoy a massive annual net operating income (NOI) of $131,456 (Gross Income: $149,892). Tenants cover all utilities directly, ensuring minimal landlord overhead. Ideal Units: Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. Immediate Access: Unit #171 is vacant and ready for viewing - see the potential for yourself. Zoning already in place: The property already holds downtown zoning approval for an ambitious seven-story mixed-use development. Skip the complex initial rezoning phase and move straight to planning. Expansion Ready: The 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. Vibrant Location: 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

Extras

Att/Row/Townhouse

Property

Status: For Sale

MLS #: X12631388

Price: $ 1,799,900

Address: 167-177 Wilson Street

Type:

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 8,141

Tax Year: 2025

Lot Size:

Neighbourhood: Beasley

Nearest Intersection: Ferguson

City: Hamilton

Postal Code: L8R 1E3

DOM: 9 Days

Last Update: 2026-03-10 14:19:57

Building

Interior

Bedrooms: 18

Bathrooms: 6

Rooms: 0

Kitchens: 6

Family Room:

Fireplace:

Basement: None,

Central Vacuum:

Exterior

Exterior: Vinyl Siding,

Driveway:

Garage:

Garage Spaces:

Parking Spaces: 0.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: None Window Unit(s)

Water:

Sewers:

Features

Rooms