Prime Downtown Development Gem & Income Producer • Unmissable Opportunity: 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 $121,397 (Gross Income: $142,692). Tenants cover all utilities directly, ensuring minimal landlord overhead. Plus a CAP RATE of 6.8%. • 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
For sale
C$1,799,900
177 Wilson St #167, Hamilton, ON L8R 1E3
18beds
6baths
6,288sqft
Multi-6-9 Unit, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$286/sqft
C$-- HOA
What's special
Six side-by-side townhousesPrivate fenced backyard
- 1 day |
- 9 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 13, 2025 at 11:52am
Listed by:
Harry Mand, Salesperson,
Right at Home Realty
Source: ITSO,MLS®#: 40792459Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 6
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dryer, Refrigerator, Stove, Washer
- Laundry: In-Suite
Features
- None
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 6,288
- Total interior livable area: 6,288 sqft
- Finished area above ground: 6,288
Property
Parking
- Parking features: No Driveway Parking
Features
- Exterior features: Year Round Living
- Frontage length: 16.00
Lot
- Size: 871.2 Square Feet
- Dimensions: 16 x 63
- Features: Rectangular, City Lot, High Traffic Area, Library, Playground Nearby, Rec./Community Centre
Details
- Parcel number: 171640098
- Zoning: D4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-6-9 Unit, Multi Family
Materials
- Vinyl Siding
- Foundation: Poured Concrete
- Roof: Asphalt Shing
Condition
- 100+ Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Other
Community & HOA
Location
- Region: Hamilton
Financial & listing details
- Price per square foot: C$286/sqft
- Annual tax amount: C$8,141
- Date on market: 12/12/2025
- Inclusions: None, 6 Fridges, 6 Stoves, 6 Washers & 6 Dryers
- Exclusions: Tenants Belongings
Harry Mand, Salesperson
(905) 637-1700
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Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Listed for sale | C$1,799,900C$286/sqft |
Source: ITSO #40792459 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: Beasley
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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