Listed for:Listed Jul 17, 2026
$2,999,000

81 Hamilton Street N

Hamilton (Waterdown), ON L0R 2H0

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 81 Hamilton Street N, Hamilton, Waterdown

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 81 Hamilton Street N, Hamilton, Waterdown

Summarized Description

  • Exceptional investment opportunity in Waterdown.
  • Turnkey asset with strong cash flow.
  • Six spacious 2 bedroom units available.
  • In-suite laundry in each unit.
  • Zoned for mixed-use development potential.
  • Plentiful parking for up to 10 vehicles.
  • Minimal owner involvement with tenant responsibilities.
  • Outstanding potential for rental revenue increase.

Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$10,120
Land Transfer Tax Fee
$61,450

Rental Items

Rental Equipment
None
Under Contract
None

Basement Type
Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Public Transit, Place Of Worship, Park, Rec./Commun.Centre, School
Accessibility Features
Ramped Entrance
Other Structures
Garden Shed

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
31-50

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
75.00 ft
Lot Depth
123.00 ft
Lot Shape
Rectangular

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
10
Total Garage And Parking Spaces
10

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
12
Washrooms
12
Kitchens
6

Room sizes

  • Dining Room—
    Ground level
  • Kitchen—
    Ground level
  • Primary Bedroom—
    Second level
  • Kitchen—
    Second level
  • Bedroom—
    Ground level
  • Living Room—
    Second level
  • Dining Room—
    Second level
  • Primary Bedroom—
    Ground level
  • Living Room—
    Ground level
  • Kitchen—
    Second level
  • Bedroom—
    Second level
  • Dining Room—
    Second level

Washrooms

  • 4-piece, Second
  • 4-piece, Ground
  • 4-piece, Basement
  • 2-piece, Sub-Basement

Municipality
Hamilton
Neighbourhood
Waterdown
Main cross streets
West on Dundas St - North on Hamilton St
Directions
West on Dundas St - North on Hamilton St

MLS® number
X13579458
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-17
Updated on
2026-07-20
Days on market
101 days
Possession date
2027-01-01
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
Royal LePage Real Estate Services Ltd., Brokerage

Home Market Value

Current home valuation for 81 Hamilton Street N, Hamilton, Waterdown, Hamilton, ON. Listed for $2,999,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 81 Hamilton Street N, Hamilton, Waterdown

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Hamilton, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$599,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$2,399,200$2,249,250$2,099,300$1,949,350
Amortization
Mortgage rate
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%
%
%
Payment frequency
=Mortgage payment
$11,714monthly$10,982monthly$10,250monthly$9,518monthly
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Land Transfer Tax

Provincial

$61,450

Total Land Transfer Tax

$61,450

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