$1,149,900
27 Ontario Avenue, Hamilton, ON L8N 2X1
Beds
Baths
Parking
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 Summary

Property Type Commercial
Property Sub Type Investment
Transaction Type For Sale
Possession TBD

Building

Building Type Investment
Square Footage 4917
Building Area Units Square Feet
Heating Gas Forced Air Open
Cooling Yes

Measurements

Lot Size 54.99 x 90
Lot Size Units Feet
Frontage 54.99
Depth 90
Total Living Area 4917

Land

Address 27 Ontario Avenue, Hamilton, ON L8N 2X1
City Hamilton
Community Stinson
County / Area Hamilton
Cross Street Main St/Ontario St
Parcel Number 171760176

Parking and Garage

Garage Type None

Taxes and Listing Info

List Price $1,149,900
Annual Taxes $7,619
Tax Year 2025
Status Active
Listing Date 2026-02-18T01:45:43Z
Updated 2026-05-25T22:32:49Z
MLS Number X12796104
Local Market Insight

What Buyers Should Know About 27 Ontario Avenue, Hamilton, ON L8N 2X1

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

27 Ontario Avenue, Hamilton, ON L8N 2X1 is positioned in Stinson, a part of Hamilton where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Investment, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Investment should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Main St/Ontario St, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,149,900, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 54.99 x 90, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Hamilton, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Stinson. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 27 Ontario Avenue, Hamilton, ON L8N 2X1, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.