Home with brick exterior material, street for 27 Ontario Ave, Hamilton Ontario L8N 2X1
68 days on Market

27 Ontario Ave, Hamilton, Ontario L8N 2X1

Other
-
-
~4917 sqft
$•••,•••
$1,249,900
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Other
-
-
~4917 sqft

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Highlights

Property Estimate

Days on market68 days

Estimated valueNot available

Price/Sqft$254/sqft

Monthly cost

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Description

Exceptional multi-residential investment opportunity featuring 5 units in a prime central Hamilton location. Situated steps to the Downtown Core, West Harbour GO Station, Hamilton General Hospital, public transit routes, shops, and restaurants, and within close proximity to the Bruce Trail access points, Wentworth Stairs, and surrounding bike trails, this property benefits from strong tenant demand and long-term growth potential while offering exceptional walkability and outdoor amenities. The building's existing architecture and layout provide flexibility for future renovation or reconfiguration, offering the potential to increase bedroom count and optimize rental income. Featuring 9-20 ft ceilings, skylights, units with private outdoor terraces, separately metered services, and individual hot water tanks for each unit, the property delivers strong functionality and long-term operational efficiency. A rare highlight is the 7-8 car parking area, providing added convenience for tenants, enhancing rental appeal, and creating potential additional income opportunities in a high-density urban neighbourhood where parking is limited. Could also be ideal for a family, couple, or professional owner-occupier looking to live in one unit while offsetting mortgage carrying costs, with potential for short-term rental use subject to municipal regulations. Ideal for investors seeking a stable, income-producing asset with upside through value-add improvements in one of Hamilton's evolving urban pockets.


Property Details

StyleApartment
View-
Age of property-
SqFt~4917 SqFt
Lot Size4,949 SqFt(90 x 54.99)
Parking Spaces7
MLS ®NumberX12796104
Community NameStinson
Data SourceTRREB
Listing byMICHAEL ST.JEAN REALTY INC.

Features

Heating: Gas Forced Air Open
Cooling: Y

Features

Lot size: 4,949 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 7


Property listed by MICHAEL ST.JEAN REALTY INC., Brokerage
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Market Data - Stinson

Geo Zone Map ThumbnailStinson

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

119 days

Compared to

2025

0 day

2024

45 days

2023

41 days

New Listings

Past 30 days

11 listings

Compared to

2025

14 listings

2024

6 listings

2023

11 listings

Units sold

Past 30 days

2 units

Compared to

2025

0 unit

2024

5 units

2023

5 units

Median Sold Price

Past 30 days

$1,649,500

Compared to

2024

$600,000

2023

$580,000


Population and Demographics

Overview

Total population 4917
Average household income $98,451

Age (%)

0 to 19
16%
20 to 34
29%
35 to 49
20%
50 to 64
19%
65 and plus
17%

Household composition (%)

Single person
49%
Single family
42%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
83%
Others
5%
Spanish
3%
Arabic
2%
Tagalog (Pilipino, Filipino)
2%
French
2%

House tenancy (%)

Renters
73%
Owners
27%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget