66 WELLINGTON STREET S, Hamilton (Corktown)
$1,489,900
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 9 bedrooms, 9 bathrooms
- Living area
- 5,000 sqft
- MLS®
- MLS® X13880250
- Neighbourhood
- Corktown
Exceptional opportunity to acquire a fully tenanted 8+1 multiplex in Hamilton's desirable Corktown neighbourhood, generating approximately $151,000 in annual gross rental income.This substantial three-storey income property has undergone extensive renovations and offers updated units with modern finishes, providing investors with a low-maintenance and income-producing addition to their portfolio. Tenant amenities include private balconies and patios, on-site laundry, separate unit entrances and a finished basement.Situated on a deep 36.6 134.5 ft lot in a high-demand central location, the property is just minutes from downtown Hamilton, the Hamilton GO Centre, major transit routes, shopping, restaurants and everyday amenities.With strong existing rental income, full occupancy, recent capital improvements and excellent long-term potential, this is an outstanding opportunity for both experienced and first-time multifamily investors.Financial information and supporting documents are available to qualified buyers. A minimum of 24 hours' notice is required for all showings.
Sold data
Homes in Corktown — recent sold market
Homes in Corktown took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 79, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 106 days.
The median sale price was $356,950.
Homes sold for about 4.5% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
- Median days to sell
- 34
- Median sale price
- $356,950
- Sale-to-list ratio
- 95.5%
- Sold above asking
- 8%
Based on 40 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 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.
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