167-177 Wilson Street
Hamilton
$1,799,900
Buy with Dwelly and Save
Home Details
Buy with Dwelly and save
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Listing Description
Prime Downtown Development Gem & Income Producing Unmissable Opportunity with over 8% CAP RATE. Secure a high-performing asset with unparalleled future upside. This is a rare chance to acquire six side-by-side townhouses in a prime downtown location, offering immediate and significant cash flow from day one. Zero-Friction Income: Enjoy a massive annual net operating income (NOI) of $131,456 (Gross Income: $149,892). Tenants cover all utilities directly, ensuring minimal landlord overhead. Ideal Units: Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. Immediate Access: Unit #171 is vacant and ready for viewing - see the potential for yourself. Zoning already in place: The property already holds downtown zoning approval for an ambitious seven-story mixed-use development. Skip the complex initial rezoning phase and move straight to planning. Expansion Ready: The buyer has the option to pursue severance to create six individual standalone properties, or inquire about acquiring neighboring properties (potentially the entire block) for a transformative large-scale project. Vibrant Location: The surrounding area is a diverse, high-demand community, perfectly positioned for a dynamic "Live-Work-Play" concept that integrates modern residential units with ground-floor commercial space. Act Now! Whether you're seeking a strong cash-flowing asset or a large-scale development platform, this property delivers
City: Hamilton
Mortgage Calculator
Your estimated monthly payment for 167-177 Wilson Street is 9,552
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1,799,900 |
| Down Payment | $359,980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1,439,920 |
Monthly Payment
| Mortgage Payment | $8,873 |
| Property Taxes | $678 |
| Maintenance Fees | $0 |
| Monthly Payment | $9,552 |
About 167-177 Wilson Street, Hamilton
Located at 167-177 Wilson Street , this Hamilton house is available for sale. This property was listed for $1,799,900 on Tue Mar 10 2026. It has 18 bedrooms and 6 bathrooms. The property includes the following rooms: .
MLS#: undefined · $1,799,900 · 18 bedroom house in Hamilton