Welcome to this exceptional investment opportunity in the heart of Waterdown. This meticulously maintained 6-plex has been proudly owned and cared for by its original owner, offering investors a truly turnkey asset with strong cash flow and outstanding upside potential.Each of the six spacious 2 bedroom units offers generous living space, well-sized bedrooms, and the convenience of in-suite laundry. The property is currently generating impressive income, with excellent potential to increase rental revenue as units turn over to new tenants. Parking is plentiful, with space for up to 10 vehicles and the potential to secure additional parking through the neighbouring property. Operating expenses are kept to a minimum, as tenants are responsible for landscaping, snow removal, garbage removal, and their own utilities, no gas bills, no hot water tank rentals, all are owned allowing the building to run with minimal owner involvement. This is a rare opportunity to own a well-maintained, income-producing property in one of Waterdown's most desirable locations. Zoned C5 Mixed Use Medium Density this property offers a variety of commerical, retail, and residential future uses.
Under Contract:
None
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Approx. Age:
31-50
Total Approx Floor Area:
5000 +
Lot Size:
<.50
Lot Depth:
123'37.5 m
Lot Frontage:
75'22.9 m
Lot Shape:
Rectangular
Direction Faces:
West
Bedrooms:
12
Bathrooms:
12.0
Water supply:
Municipal
Kitchens:
6
Bedrooms Above Grade:
12
Kitchens Above Grade:
6
Rooms Above Grade:
30
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Finished, Full, Separate Entrance, Walk-Out, Finished with Walk-Out
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Garden Shed
Parking Features:
Available
Parking Spaces:
10
Total Parking Spaces:
10.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$10,120 /
2025
Assessment:
$- /
-
Hamilton
Hamilton
Waterdown
Public Transit, Place Of Worship, Park, Rec./Commun.Centre, School
Listed by Royal LePage Real Estate Services Ltd., Brokerage
Data was last updated July 18, 2026 at 03:15 AM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$1,599,000
Min list price:
$674,999
Max list price:
$6,495,000
Avg days on market:
78
Min days on market:
8
Max days on market:
294
These statistics are generated based on the current listing's property type
and located in
Hamilton. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.