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Last Updated : 564 Days ago
21 Wellington St N, Hamilton, Ontario, Beasley

21 Wellington St N, Hamilton MLS Number: X9343316

Beasley, Hamilton, ON, L8R 1M7

$4,299,000

Status: OFF MARKET

  • Property Type: Commercial (Land)
  • Property Taxes : $58708.00 (Tax Year:2023)
  • Listing Courtesy : Sotheby`s International Realty Canada

21 Wellington St N Property Description

Excellent investment opportunity that offers both cashflow and development potential. Located right at one of the key future light rail stations, this property includes a nearly 14,000 square foot mixed-use building and a large 40+ car parking lot. A large usable basement offers additional square footage and opportunity. With several strong anchor tenants that include F45 Training, Red Rockets BBQ, and a large office tenant, there is plenty of quick upside to be realized by leasing several turn-key vacant units. In addition to the commercial units, there are four fantastic 2-storey residential lofts occupied by excellent tenants. With exposed brick and beautiful post and beam construction, this building is full of desirable urban character. With a highly flexible Downtown Mixed Use D3 Zoning, the permitted uses and development scenarios for this site are varied and plentiful. Optimize or even expand the existing building, and/or let the property carry itself while going through development planning and approvals. This is a rare opportunity to acquire a large parcel within steps of a major LRT hub!

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21 Wellington St N Property Facts

Property Type :Commercial
MLS Number :X9343316
Listing Type :Sale
Possession Date :
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Last Updated :11 Sep, 2024 (564 Days ago)
Source :TRREB
Area :Hamilton
Postal Code : L8R 1M7
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21 Wellington St N Property Price & Tax Insights

Price : $4,299,000
Property Taxes :$58708.00
Tax Year :2023

21 Wellington St N, Hamilton Property Details

Cross Street :King Street East

21 Wellington St N, Hamilton - Price History

2024-09

11 Sep, 2024

TREB #X9343255

Available

$4299000.0

21 Wellington St N - Location Map and Landmarks

  • Hamilton General, Hamilton 0.96 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 1.1 km
  • McMaster University Medical Centre, Hamilton 1.21 km
  • Juravinski  and Cancer Centre, Hamilton 1.9 km
  • St. Peter's, Hamilton 2.09 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 2.52 km
  • McMaster Children's, Hamilton 4.76 km
  • Joseph Brant, Halton 8.38 km
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