Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Waterdown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,999,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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This multiplex located at 81 Hamilton Street, Hamilton is currently for sale and has been available on SousaSells for 43 days. This property is listed at $2,999,000 with an estimated mortgage of $9,983* per month. It has 12 beds, 12 bathrooms, and is 5000 + square feet. 81 Hamilton Street, Hamilton is in the Waterdown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 12 bedrooms and 12 bathrooms, this home offers ample space and comfort for growing families in Waterdown, Hamilton.
Growing families needing multi-bedroom flexibility and space in Waterdown, Hamilton.
None listed
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The current listing price for 81 Hamilton Street, Hamilton, ON in Waterdown, Hamilton is $2,999,000.
This property features 12 bedrooms and 12 bathrooms across approximately 5000 + sqft.
81 Hamilton Street, Hamilton, ON is a Multiplex (2-Storey) featuring a Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out basement.
Key property features include: Public Transit, Place Of Worship, Park, Rec./Commun.Centre, School.
Interior highlights include: None.
Yes, this property offers parking space for 10.0 vehicles (None).
Heating is provided via Electric and cooling via Wall Unit(s).
Waterdown, Hamilton
6 assaults (27.3/100k)
7 B&E (31.8/100k)
11 thefts (50.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 81 Hamilton Street N, Hamilton, ON L0R 2H0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $2,999,000 in Hamilton, the legal minimum down payment is $599,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $61,450 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $61,450.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterdown, Hamilton.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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