Space
Finished area and layout
- Living Area
- 18,879 sqft
- Above Grade
- 18,879 sqft (Other)
- Finished Breakdown
- Above 18,879 sqft
- Bedrooms
- 26
- Bathrooms
- 0
+16 more
26
Bedrooms
0
Bathrooms
18,879 sqft
Living Area
0 sqft
Lot
1869
Year Built
Property Snapshot
Key details for this listing
MLS #40801471
Property
Type, style and structure
- Type
- residential
- Style
About This Property
This 26-bedroom, 0-bathroom multiplex in Hamilton offers 18,879 sqft of living area on a 0 sqft lot. Built in 1869, 2 storeys. The property has lot dimensions of 0.43, zoned D1. The home features central air, a full, partially finished basement. Highlights include a none pool, a 19-car garage.
MLS Remarks
An exceptional opportunity to acquire a truly one-of-a-kind heritage asset in the heart of Downtown Hamilton. 16 West Ave S is a stunning converted church, thoughtfully transformed into a loft-style apartment building in 2022, seamlessly blending historic character with modern functionality. Featuring soaring ceilings, dramatic stained-glass windows, and architectural details rarely found in today’s market, the property comprises 18,879 SF with 19 fully occupied units, offering an ideal unit mix of 2 bachelor suites, 10 one-bedrooms, 5 two-bedrooms, and 2 three-bedrooms, complemented by 19 surface parking spaces. The asset is fully stabilized, generating approximately $314,276 in Net Operating Income, providing immediate, predictable cash flow. The property further benefits from highly attractive assumable financing at a fixed 3.72% interest rate extending to 2032. This below-market debt materially enhances returns and offers a significant advantage in today’s rate environment. Perfectly positioned steps to shops, restaurants, theatres, and everyday amenities, and just moments from the Hamilton GO Station for seamless access along the GO Transit line, this central location is unmatched. Situated in a thriving urban core anchored by McMaster University and major professional sports franchises including the Hamilton Tiger-Cats and Toronto Rock, this is a rare, turnkey investment combining strong income fundamentals, irreplaceable character, and long-term upside. (id:60351)
Listing History
MLS# 40801471| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Mar 9, 2026 | Listed For Sale | 40801471 | $6,495,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
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