$1,799,900

Freehold Townhouse

167-177 Wilson Street, Hamilton, ON

88 DAYS
18
6
0
5,000
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 1 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 2 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 3 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 4 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 5 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 6 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 7 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 8 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 9 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 10 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 11 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 12 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 13 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 14 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 15 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 16 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 17 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 18 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 19 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 20 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 21 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 22 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 23 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 24 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 25 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 26 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 27 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 28 of 29
167-177 Wilson Street, Hamilton, ON L8R 1E3 - photo 29 of 29
1 / 29

Listed by RIGHT AT HOME REALTY

Property Highlights

Property Tax

$8,141/yr

Age

100+ yrs

Lot Size

1,008 sqft

Style

2-Storey

Basement

None

Monthly Cost

$8,279/mo

About This Home

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

Monthly Cost

Monthly Mortgage$7,600
Property Tax ($8,141/yr)$678
Total$8,278

Price & Listing History

Schools

Location

Tap to view full map

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage