Salehian.com 647-325-5000

81 Hamilton Street N

Waterdown, Hamilton, L0R 2H0

$2,999,000

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  • 12 bedrooms
  • 12 bathrooms
  • 10 parking
  • 5000 + sq ft

Listed 94 days ago · MLS® X13579458

About this home

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.

Details

Type
Multiplex
Style
2-Storey
Age
31-50 years
Size
5000 + sq ft
Lot
75 × 123 ft
Basement
Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out
Garage
None
Kitchens
6
Property tax
$10,120 (2025)
Neighbourhood
Waterdown
Municipality
Hamilton

Interior

Bedrooms
12 above ground
Bathrooms
4 × 4-piece (second), 4 × 4-piece (ground), 2 × 4-piece (basement), 2 × 2-piece (sub-basement)
Rooms
30 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Baseboard, Electric
Air conditioning
Wall Unit(s)
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Poured Concrete
Age
31-50 years
Faces
West
Outdoor
Garden Shed

Parking

Total parking
10
Driveway and parking
Available

Lot

Size
75 × 123 ft (rectangular)
Acreage
< .50

More

Possession
Flexible
Nearby
Public Transit, Place Of Worship, Park, Rec./Commun.Centre, School
Cross street
West on Dundas St - North on Hamilton St

Rooms

RoomLevelSizeFeatures
KitchenGround
Dining RoomGround
Living RoomGround
Primary BedroomGround
BedroomGround
KitchenSecond
Dining RoomSecond
Living RoomSecond
Primary BedroomSecond
BedroomSecond
KitchenSecond
Dining RoomSecond

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Aldershot GO4.3 km

Within a 10-minute walk: 6 grocery stores, 18 cafés and restaurants, 3 parks, 3 pharmacies. Nearest grocery: Goodness Me (200 m). Nearest park: Waterdown Memorial Park (300 m).

Schools nearby

Elementary

  • Mary Hopkins Public School
    EQAO: Gr 3 reading 71%, math 52%    7 min walk
  • Guy B Brown Elementary Public School
    EQAO: Gr 6 reading 92%, math 65%    15 min walk
  • Allan A. Greenleaf Public School
    EQAO: Gr 6 reading 94%, math 69%    16 min walk
  • Guardian Angels Catholic Elementary School Catholic
    EQAO: Gr 6 reading 91%, math 65%    1.6 km

Secondary

  • Waterdown District High School
    EQAO: Gr 9 math 56%, literacy test 90%    13 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L0R

Owners / renters
88% / 12%
Median household income
$110,000
Average age
41
Children under 15
20%
Homes
74% detached, 0% high-rise
Commute by transit
1%
Population
83,602

Languages spoken most at home besides English: Arabic 0.6%, Spanish 0.6%, Urdu 0.6%, Punjabi (Panjabi) 0.5%.

Safety

Crime Severity Index for Hamilton police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Hamilton: 9 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence, with a City business licence (since December 2023).

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Royal LePage Real Estate Services Ltd., Brokerage.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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