167-177 WILSON STREET, Hamilton (Beasley)

$1,674,900

For sale: Multiplex

Multiplex at 167-177 WILSON STREET, Hamilton (Beasley)
Property type
Multiplex
Bedrooms / bathrooms
18 bedrooms, 6 bathrooms
Living area
100,000 sqft
MLS®
MLS® X13528686
Neighbourhood
Beasley

Prime Downtown Development Gem & Income-Producing Unmissable Opportunity with 7.6% 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. Enjoy a massive annual NOI of $126,743 (Gross Income: $149,892). Tenants cover all utilities directly, ensuring minimal landlord overhead. Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants. 2 Units are Vacant and have been recently renovated, ready for new Tenants. The property already holds downtown zoning for an ambitious seven-story mixed-use development. 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. 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.

Sold data

Homes in Beasley — recent sold market

Homes in Beasley took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 70, across 52 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.

The median sale price was $417,450.

Homes sold for about 4.8% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$417,450
Sale-to-list ratio
95.2%
Sold above asking
8%

Based on 52 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Beasley)

Hamilton (Beasley) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Beasley)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 167-177 WILSON STREET