66 WELLINGTON STREET S, Hamilton (Corktown)

$1,499,000

For sale: Multiplex

Multiplex at 66 WELLINGTON STREET S, Hamilton (Corktown)
Property type
Multiplex
Bedrooms / bathrooms
9 bedrooms, 9 bathrooms
Living area
5,000 sqft
MLS®
MLS® X13774228
Neighbourhood
Corktown

Turn-Key 9-Unit Multiplex Prime Investment Opportunity! Attention Investors! Don't miss this rare chance to acquire a fully tenanted, cash-flowing 9-unit multiplex generating an impressive gross annual income of nearly $151,000. This property has been substantially renovated throughout, offering a low-maintenance, turn-key solution ideal for both seasoned and new investors alike. Situated in a high-demand location just steps from two major transit lines, the GO Station, and all downtown amenities, this asset offers incredible tenant appeal and long-term growth potential. Property Highlights :Gross Annual Revenue: Approx. $151,000 Renovated Units: Modern finishes and upgrades throughout Excellent Location: Minutes to transit, GO Station, shops, dining, and more Tenant Features: Private balconies/patios, on-site laundry 24-Hour Showing Notice Required. With strong income, a desirable location, and recent capital improvements, this property is a solid addition to any real estate portfolio.

Sold data

Multiplex homes in Hamilton (Corktown) — recent sold market

Multiplex homes in Hamilton (Corktown) took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 67, across 87 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.

The median sale price was $769,900.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
42
Median sale price
$769,900
Sale-to-list ratio
96.6%
Sold above asking
8%

Based on 87 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 (Corktown)

Hamilton (Corktown) 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 (Corktown)

  • Corpus Christielementary, HamiltonFraser rating 10.0/10
  • Norwood Parkelementary, HamiltonFraser rating 8.4/10
  • Pope John Paul IIelementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdeselementary, HamiltonFraser rating 7.3/10
  • Westmountsecondary, HamiltonFraser rating 7.3/10
  • Sacred Heartelementary, HamiltonFraser rating 7.2/10

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

Currently for sale

Homes for sale near 66 WELLINGTON STREET S