27 ONTARIO Avenue

Hamilton, Ontario L8N2X1

MLS # 40802078

$999,900

Property Details

Type

Detached

Beds

Baths

Status

For Sale

More homes like this

Detacheds For Sale in Hamilton Homes For Sale in Hamilton 6+ Bedroom Detacheds in Hamilton

About this property

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.

Mortgage Estimate

Price Down Payment % Rate % Years

Estimated monthly payment

Calculating…

Estimate only. Taxes, insurance, condo fees, and lender terms are not included.

Monthly costs to verify

Property taxes: about $635/month based on listed annual taxes.

Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.

Rooms

Room	Level	Dimensions
Storage	Basement	5'5'' x 16'0''
Bedroom	Basement	11'10'' x 15'1''
Office	Basement	8'5'' x 8'6''
Utility room	Basement	8'10'' x 6'2''
4pc Bathroom	Basement	11' x 2'5''
Kitchen	Basement	6'4'' x 13'1''
Living room	Basement	14'1'' x 15'4''
Bedroom	Main level	21'4'' x 16'7''
Kitchen	Main level	25'5'' x 9'10''
4pc Bathroom	Main level	6'10'' x 6'0''
Living room	Main level	19'4'' x 15'4''
Den	Third level	7'8'' x 14'9''
Bedroom	Third level	12'8'' x 19'8''
Bedroom	Third level	16'2'' x 33'6''
Living room	Second level	19'4'' x 15'4''
4pc Bathroom	Second level	6'10'' x 6'6''
Kitchen	Second level	10'8'' x 6'11''
Dining room	Second level	10'8'' x 9'10''
Sunroom	Second level	5'5'' x 5'5''
4pc Bathroom	Second level	8'0'' x 8'6''