167-177 Wilson Street, Hamilton, Ontario L8R 1E3 is For Sale and has a listing price of 1,799,900. The property is located in the Landsdale neighbourhood . It's been on the website for 2 Days.
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. 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
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 12/13/2025 | X12631388 | $1,799,900 | For Sale | - | - |
| 04/21/2025 | X12093408 | $1,999,900 | For Sale | 06/12/2025 | - |
