27 ONTARIO Avenue
Hamilton, Ontario
MLS® 40800133
$999,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40800133
- Bedrooms
- 6
- Bathrooms
- 5
- Year built
- —
1 / 21Listing description
Exceptional multi-residential investment opportunity featuring 5 units in a prime central Hamilton location. Situated steps to the Downtown Core, West Harbour GO Station, Hamilton General Hospital, public transit routes, shops, and restaurants, and within close proximity to the Bruce Trail access points, Wentworth Stairs, and surrounding bike trails, this property benefits from strong tenant demand and long-term growth potential while offering exceptional walkability and outdoor amenities. The building’s existing architecture and layout provide flexibility for future renovation or reconfiguration, offering the potential to increase bedroom count and optimize rental income.
Featuring 9–20 ft ceilings, skylights, units with private outdoor terraces, separately metered services, and individual hot water tanks for each unit, the property delivers strong functionality and long-term operational efficiency. A rare highlight is the 7–8 car parking area, providing added convenience for tenants, enhancing rental appeal, and creating potential additional income opportunities in a high-density urban neighbourhood where parking is limited. Could also be ideal for a family, couple, or professional owner-occupier looking to live in one unit while offsetting mortgage carrying costs, with potential for short-term rental use subject to municipal regulations.
Ideal for investors seeking a stable, income-producing asset with upside through value-add improvements in one of Hamilton’s evolving urban pockets.
Property summary
- MLS® number
- 40800133
- Property type
- Multi-family
- Square footage
- 4,917 sq ft
- Title
- Freehold
- Annual property taxes
- $7,618.68
- Parking
- 7 spaces · Open
- Days on market
- 196 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Finished, Full
- Exterior features
- Brick
- Community features
- Quiet Area, School Bus, Community Centre
What would this home cost you?
Based on the $999,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Michael St. Jean Realty Inc., Ancaster.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.