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For Sale

Land #X12070054

$3,999,000

15 WELLINGTON St N

Hamilton - Beasley

13916 sqft
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Property history Buy/sell history for 15 WELLINGTON St N Hamilton

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$3,999,000

For Sale

Date: 08 Apr, 2025 17 days
X12070054
Property details
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Details

Rooms

Tax
$58708/yr
Property type
Land
Style
Designated
Sqft
13916
Lot size
132.27 x 177.38
Price/sqft
$287.37/sqft
Basement
Y
Parking
Outside/Surface garage, 43 parking
MLS® #
X12070054
Major intersection
On the west side of Wellington Street North between King Street East and King William Street.
Neighbourhood
Beasley
Listed on
08 Apr, 2025

About this home

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 (above grade) 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! Read More

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Property is listed by Sotheby's International Realty Canada, Brokerage

We are hiring | Join ReApp team

Property is listed by Sotheby's International Realty Canada, Brokerage

We are hiring | Join ReApp team

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