<-- style PDP --> 45 Wellington Street, Hamilton - Building and Land for sale for $2,700,000
  • terminated

45 Wellington Street

Hamilton, ON, L8R 1M9 - Beasley

$2,700,000

  • Neighbourhood

    Beasley

  • Major Intersection

  • Listed Since: 111 day(s)

  • Last update: 21 day(s) ago

Overview

  • Property Type

    Building and Land, Commercial Sale

  • Bedrooms

    n/a

  • Bathrooms

    n/a

  • Basement

    Full

  • Kitchen

    n/a

  • Total Parking

    4

  • Lot Size

    30.17x64.42 (Square Feet)

  • Taxes

    $12,647.70 (2025)

  • Type

    Commercial

Property Description

Property description for 45 Wellington Street, Hamilton

Brand new mixed-use investment opportunity in the heart of Hamilton's rapidly transforming urban core. This fully converted 7-unit asset is zoned D1 and strategically positioned steps from a major transit corridor, significant intensification projects, and numerous existing and proposed condominium developments. The property comprises 5 residential units and 2 commercial units, including 3 rare loft-style residential floor plans that offer a highly desirable blend of character, functionality, and modern design rarely found in purpose-built rental inventory. Offered with assumable CMHC MLI Select financing featuring a 5-year term at 4.13% interest (potentially lower subject to lender approval) and an attractive 50-year amortization, creating exceptional cash flow and long-term financing stability. The property has undergone a comprehensive transformation with virtually all major infrastructure replaced, including electrical, plumbing, HVAC, framing, and insulation. Additional features include all split-unit heating and cooling systems, 8 separate hydro meters (including house meter), a brand-new galvanized powder-coated metal fire escape, 2018 roof, 2021 windows, and 4 on-site parking spaces. Offered at a 4.85% capitalization rate inclusive of taxes, insurance, common utilities, vacancy allowance, property management, and maintenance expenses. Enjoy close to $35,000 in annual positive cash flow. A rare opportunity to acquire a turnkey, institutionally financed mixed-use asset in one of Hamilton's most active growth corridors with strong in-place income and significant long-term appreciation potential.

Listed by Revel Realty Inc.

  • MLS #

    40840287

  • Sq. Ft

    4763

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    4

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick

  • Fireplace

    n/a

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    n/a

  • A/C

    n/a

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40840287

  • Sq. Ft

    4763

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    4

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick

  • Fireplace

    n/a

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    n/a

  • A/C

    n/a

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 45 Wellington Street, Hamilton

This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Closing Cost Calculator

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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