81 Hamilton Street N, Hamilton, ON L0R 2H0
Waterdown, Hamilton · Near West on Dundas St - North on Hamilton St · View map
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.
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 5000 + sq ft
- Bedrooms
- 12
- Bathrooms
- 12
- Kitchens
- 6
- Rooms
- 30
- Basement
- Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out
- Lot size
- 75 x 123 ft
- Faces
- West
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Air conditioning
- Wall Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 10
- Total parking
- 10
- Parking features
- Available
Taxes & other
- Property taxes
- $10,120/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- West on Dundas St - North on Hamilton St
- Neighbourhood
- Waterdown
More
- MLS® number
- X13579458
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The home and its surroundings
- Public Transit
- Place Of Worship
- Park
- Rec./Commun.Centre
- School
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
81 Hamilton Street, Hamilton, ON L0R 2H0
Waterdown, Hamilton · Near West on Dundas St - North on Hamilton St
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Listing history for 81 Hamilton Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 81 Hamilton Street N
Answers come straight from this home’s MLS® listing.
How much is 81 Hamilton Street N listed for, and what would it cost each month?
81 Hamilton Street N is listed for $2,999,000. With 20% down ($599,800), the mortgage payment would be roughly $12,097 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $12,940 a month, all in. That figure is an illustration, not a quote.
Is 81 Hamilton Street N freehold or a condo, and is there a monthly fee?
81 Hamilton Street N is a multiplex in Waterdown, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 81 Hamilton Street N have?
81 Hamilton Street N has 12 bedrooms and 12 bathrooms. The listing gives the style as 2-storey.
Does 81 Hamilton Street N have a garage and parking?
The listing does not show a garage. The driveway adds 10 spaces. In total the listing counts 10 parking spaces.
Does 81 Hamilton Street N have a finished basement?
The listing describes the basement as finished, full, separate entrance, walk-out, finished with walk-out. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 81 Hamilton Street N?
81 Hamilton Street N is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 81 Hamilton Street N, and what is the lot size?
The lot is listed as 75 x 123 ft.
How is 81 Hamilton Street N heated and cooled?
Heating is baseboard (electric). Cooling is wall unit(s).
What are the property taxes for 81 Hamilton Street N?
Property taxes are $10,120 a year (2025), or about $843 a month.
Where is 81 Hamilton Street N?
81 Hamilton Street N is in the Waterdown community of Hamilton. The nearest main intersection is West on Dundas St - North on Hamilton St. The postal code is L0R 2H0.
Is 81 Hamilton Street N still for sale?
Yes. It is an active listing (MLS® X13579458). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 81 Hamilton Street N asking?
Similar properties for sale nearby right now include 81 Hamilton Street N at $2,999,000, 214 Wentworth Street S at $2,625,000 (12 bed) and 280 Weir Street N at $2,100,000 (12 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 81 Hamilton Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 81 Hamilton Street N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Waterdown, picked by style, size and price.
Investment$2,999,00081 Hamilton Street N, HamiltonWaterdownCourtesy of: Royal LePage Real Estate Services Ltd., BrokerageView home →
Multiplex$2,625,000214 Wentworth Street S, Hamilton12 bed · 13 bath · StinsonCourtesy of: RE/MAX PREMIER INC.View home →
Multiplex$2,100,000280 Weir Street N, Hamilton12 bed · 11 bath · HomesideCourtesy of: RE/MAX PREMIER INC.View home →Courtesy of: Royal LePage Real Estate Services Ltd., Brokerage
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.