15-21 Wellington Street N, Hamilton, Ontario

Beasley

15-21 Wellington Street N, Hamilton, ON

  • CA$4,199,000
  • 0 BEDS
  • 0 BATHS
  • 0.49 ac Land

Key Facts

  • MLS® #: 40692158
  • Secondary MLS® #: X11934390
  • Property ID: SIRC2307723
  • Property Type: Commercial, Other (Commercial)
  • Lot Size: 0.49 ac

Property Description

Excellent investment opportunity that offers both cashflow and development potential. Located right at one of the key future light rail stations, this property includes a nearly 14,000 square foot mixed-use building and a large 40+ car parking lot. A large usable basement offers additional square footage and opportunity. With several strong anchor tenants that include F45 Training, red rockets, barbecue and a large office tenant, there is plenty of quick upside to be realized by leasing several turn-key vacant units. In addition to the commercial units, there are four fantastic 2-storey residential lofts occupied by excellent tenants. With exposed brick and beautiful post and beam construction, this building is full of desirable urban character. With a highly flexible Downtown Mixed Use D3 Zoning, the permitted uses and development scenarios for this site are varied and plentiful. Optimize or even expand the existing building, and/or let the property carry itself while going through development planning and approvals. This is a rare opportunity to acquire a large parcel within steps of a major LRT hub!

Listing Agents

  • Martinus Geleynse

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Location

15-21 Wellington Street N, Hamilton, Ontario, L8R 1M7 Canada

Around this property

Information about the area within a 5-minute walk of this property.

4,644Residents
  • 30.23% 20 to 34 years
  • 18.52% 35 to 49 years
  • 17.45% 50 to 64 years
  • 9.79% 65 to 79 years
  • 6.4% 0 to 4 years
  • 4.97% 10 to 14 years
  • 4.92% 15 to 19 years
  • 4.76% 5 to 9 years
  • 2.97% 80 and over
29%71%OwnersRenters
  • Households in the area are:
  • 47% Single family
  • 42.74% Single person
  • 9.66% Multi person
  • 0.6% Multi family
$79,176Average household income
  • $79,176 Average household income
  • $36,317 Average individual income
73.77%Speak English
  • People in the area speak:
  • 73.77% English
  • 5.43% English and non-official language(s)
  • 4.84% Portuguese
  • 3.12% Spanish
  • 2.79% Arabic
  • 2.78% Somali
  • 2.54% Vietnamese
  • 1.9% French
  • 1.56% Albanian
  • 1.27% Tagalog (Pilipino, Filipino)
33.39%Highrise Apartments
  • Housing in the area comprises of:
  • 33.39% Apartment 5 or more floors
  • 22.88% Apartment 1-4 floors
  • 20.47% Single detached
  • 11.39% Duplex
  • 7.89% Semi detached
  • 3.98% Row houses
67.7%Commute by Car
  • Others commute by:
  • 18.85% Public transit
  • 10.11% Foot
  • 2.63% Other
  • 0.71% Bicycle
31.95%High school
  • 31.95% High school
  • 28.78% Did not graduate high school
  • 17.63% College certificate
  • 12.01% Bachelor degree
  • 5.64% Trade certificate
  • 3.63% Post graduate degree
  • 0.35% University certificate
2Average AQI
  • The average air quality index for the area is 2
  • The area receives 306.71 mm of precipitation annually.
  • The area experiences 7.39 extremely hot days (32.08°C) per year.

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Payment Calculator

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183 James Street South, Unit 1
Hamilton, Ontario, L8P 3A8

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