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Active

$999,900

27 Ontario Ave

Hamilton, ON L8N 2X1

27 Ontario Ave, HamiltonListed at $999,900 Investment. MLS® X12796104.

Apts - 2 To 5 Units
Investment
$7,618.68Taxes/yr · 2025

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 Details

Property TypeInvestment
CommunityStinson
Lot Dimensions54.99 × 90 ft
Dir/Cross StMain St/Ontario St
Garage TypeNone
Heating TypeGas Forced Air Open
A/CYes
Taxes (2025)$7,618.68
HSTIncluded In
Listed Date2/18/2026
Days on Market181 days
PossessionTBD

Business Details

Property Sub-TypeInvestment
Business TypeApts - 2 To 5 Units
Property UseApartment
Occupant TypeOwner+Tenant
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires10/2/2026
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: MICHAEL ST.JEAN REALTY INC.

MLS® #X12796104

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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