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$1,599,888

41 Rymal Rd W

Hamilton, ON L9B 1B5

41 Rymal Rd W, HamiltonListed at $1,599,888 Commercial Retail. MLS® X13147504.

834Sq Ft
Automotive Related
Commercial Retail
$22,484.17Taxes/yr · 2025

Description

Multi-Income Commercial Investment | Car Wash + 3 Passive Leases Rarely does a commercial asset come to market with this level of capital investment already behind it and this many income streams already producing. This is a fully renovated, 6-bay self-serve coin-operated car wash on a C5-zoned site in Hamilton's most active automotive corridor - generating $125,845 in gross annual revenue from four independent sources, with $473,000+ in documented capital improvements completed in 2023-2024.Income streams: Car wash operations (CPA-confirmed, 2025), dog grooming tenancy to 2027, Freedom Mobile telecom tower lease (auto-renewing), and a newly executed 10-year digital billboard lease with EYE CANDY ADS. Three of the four require zero day-to-day involvement from the owner. The asset has been reset. Environmental remediation completed (clean cert issued 2024). Full asphalt repaving (6,324 sq. ft.). All-new 6-bay car wash equipment under warranty. Tap & Wash cashless payment system installed across all bays - subscription membership model ready to launch with zero additional infrastructure cost. 12-camera HD security system. Remote monitoring app included. Proforma path to 6.9% cap via subscription revenue model already infrastructure-ready. C5 zoning permits mixed-use redevelopment up to 22 metres - the income keeps the asset cash-flowing while long-term options are evaluated.18,500+ daily passing vehicles. Adjacent to Tim Hortons and Volvo Hamilton. Acura, Mercedes-Benz, BMW, Hyundai, Kia, and Nissan dealerships within minutes. 7 minutes to Hamilton International Airport. All financials sourced from 2025 CPA-compiled statements (CSRS 4200). Buyers to conduct independent due diligence.

Property Details

Property TypeCommercial Retail
CommunityKennedy
Lot Dimensions60.12 × 184.82 ft
Dir/Cross StRymal and Upper James
Garage TypeOutside/Surface
Heating TypeGas Forced Air Open
A/CPartial
SewersSanitary+Storm
Taxes (2025)$22,484.17
HSTIn Addition To
SecurityNo
Listed Date5/20/2026
Days on Market90 days
PossessionTBD

Business Details

Property Sub-TypeCommercial Retail
Business TypeAutomotive Related
Property UseMulti-Use
Occupant TypeOwner+Tenant
Hours of Operation0
FranchiseNo
Chattels IncludedNo
Financial StatementsAvailable
Showing RequirementsList Brokerage
Possession TypeImmediate
Listing Expires10/31/2026

Commercial Space & Financials

Retail Area834 Sq Ft
Industrial Area2,569 Sq Ft

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Property Insights

Listing Courtesy of: RE/MAX GOLD REALTY INC.

MLS® #X13147504

TRREBMLS®

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