27 Ontario AVE Hamilton, ON L8N 2X1
6 Beds
5 Baths
4,917 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,917 sqft
Price per Sqft $203
MLS Listing ID 40802078
Bedrooms 6
Full Baths 5
Abv Grd Liv Area 4,917
Annual Tax Amount $7,618
Property Sub-Type Single Family Residence
Source Cornerstone
Property Description
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.
Location
Province ON
County Hamilton
Area 14 - Hamilton Centre
Zoning D
Direction East on Main St/South on Ontario St
Rooms
Basement Full, Finished
Kitchen 5
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Water Heater
Exterior
Roof Type Asphalt Shing
Lot Frontage 54.99
Lot Depth 90.0
Garage No
Building
Lot Description Urban, City Lot, High Traffic Area, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Quiet Area, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby
Faces East on Main St/South on Ontario St
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community false
Tax ID 171760176
Ownership Freehold/None
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