16 West Ave S is a 26-bedroom multiplex in Hamilton, listed for $5,995,000. It has 5000 + sq ft of living space.
1Perfectly positioned steps to shops, restaurants, theatres, and everyday amenities, and just moments from the Hamilton GO Station for seamless access along the GO Transit line, this central location is unmatched.
2BasementFull, Partially Finished, as described in the listing.
An exceptional opportunity to acquire a truly one-of-a-kind heritage asset in the heart of Downtown Hamilton. 16 West Ave S is a stunning converted church, thoughtfully transformed into a loft-style apartment building in 2022, seamlessly blending historic character with modern functionality. Featuring soaring ceilings, dramatic stained-glass windows, and architectural details rarely found in today's market, the property comprises 18,879 SF with 19 fully occupied units, offering an ideal unit mix of 2 bachelor suites, 10 one-bedrooms, 5 two-bedrooms, and 2 three-bedrooms, complemented by 19 surface parking spaces. The asset is fully stabilized, generating approximately $313,205 in Net Operating Income, providing immediate, predictable cash flow. The property further benefits from highly attractive assumable financing at a fixed 3.72% interest rate extending to 2032. This below-market debt materially enhances returns and offers a significant advantage in today's rate environment. Perfectly positioned steps to shops, restaurants, theatres, and everyday amenities, and just moments from the Hamilton GO Station for seamless access along the GO Transit line, this central location is unmatched. Situated in a thriving urban core anchored by McMaster University and major professional sports franchises including the Hamilton Tiger-Cats and Toronto Rock, this is a rare, turnkey investment combining strong income fundamentals, irreplaceable character, and long-term upside.
26 bedrooms, about 5,000 sq ft, works out to roughly $1,199 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 16 West Ave S
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
5000 + sq ftas stated on the listing
Parking
19 spaces
Basement
Full, Partially Finished
Features & systems
Parking & garage
Parking spaces
19
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
16 West Ave S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$29,452
/mo
based on the purchase price of $5,995,000
$1,199,000 cash
$4,796,000 financed
$4,039,491 total interest
Principal54%$4,796,000
Interest46%$4,039,491
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 16 West Ave S
Homes for sale in Hamilton
Every active Hamilton MLS® listing, updated all day.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,496Homes for sale here right now.
Median vs prior 90 days−2.7%Compared with May 14 – Aug 12, 2026: prices down.
Based on 1,823 sales from Aug 12 – Nov 10, 2026 (1,570 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
16 West Ave S is listed at $5,995,000 (MLS® X12739520). Summitly updates the price as soon as the MLS® record changes.
Is $5,995,000 a good price for 16 West Ave S?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Hamilton. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 16 West Ave S changed?
Yes — it was first listed at $6,795,000 and is now $5,995,000, a drop of $800,000 (11.8%).
How many bedrooms and bathrooms does 16 West Ave S have?
16 West Ave S has 26 bedrooms, with about 5,000 square feet of living space. It is a multiplex in Hamilton.
Is 16 West Ave S close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 830 m (about a 10-minute walk) in a straight line. West Harbour GO Station is about 1.7 km (about a 21-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 16 West Ave S?
About $29,452 a month — principal and interest on $5,995,000 with 20% down ($1,199,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 16 West Ave S compare with other homes in Hamilton?
Its asking price of $5,995,000 is about 789% above the median sold price in Hamilton over the last 90 days, $674,000, across 1,823 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 16 West Ave S been sold before?
Summitly has no earlier MLS® sale or lease of 16 West Ave S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 16 West Ave S?
16 West Ave S is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 16 West Ave S been on the market?
285 days — 16 West Ave S was listed on January 29, 2026.
What is the price per square foot of 16 West Ave S?
About $1,199 per square foot: the asking price of $5,995,000 over the 5,000 sq ft the listing gives.
