Hamilton, ON · · MLS® X13787708Updated
$2,500,000
45 Wellington St N is an investment in Hamilton, listed for $2,500,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Investment opportunity | 7 mixed-use units | 5.62% CAP RATE | $175,740 Scheduled annual gross income. 45 Wellington Street N presents a rare opportunity to acquire a fully converted, income-producing mixed-use property featuring 5 residential units, 2 commercial units and additional storage income, creating a diversified revenue stream in one of Hamilton's rapidly evolving urban corridors.Fully tenanted, the property generates approximately $14,645/month in scheduled gross income, or $175,740 annually, and is offered at an attractive 5.62% capitalization rate.Extensive capital improvements include updated HVAC, plumbing and electrical systems, framing and insulation, spray foam insulation, separate hydro metering, roof and windows, on-site parking, a new garden suite, new walk-in cooler and water-powered metal fire escape, plus numerous additional upgrades.Potential financing opportunity: positioned for a potential $2M CMHC take-out under 100-point MLI Select, incorporating affordability and energy-efficiency considerations, with an estimated 9.6% cash-on-cash return, including the applicable default insurance premium.Strategically located near major transit, established amenities, employment centres and significant ongoing redevelopment, the property is well positioned to benefit from Hamilton's continued urban intensification and growth.D1 zoning provides flexibility and additional future opportunity. With diversified income, extensive improvements, an attractive cap rate and potential CMHC financing strategy, 45 Wellington Street N offers investors a compelling opportunity for current cash flow and long-term value creation.A distinctive Hamilton investment property offering scale, income and significant future potential.
Hamilton investment priced at $2,500,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: REVEL REALTY INC., BrokerageMLS® X13787708 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Other 9-bed homes for sale in Hamilton around $2.5M.
Homes for sale in Hamilton
Every active Hamilton MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 1,850 sales from Aug 4 – Nov 2, 2026 (1,531 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Stations and stops, straight-line distance
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860 m11 minClosest· Lakeshore West GO
Homes near Hamilton GO Centre GO StationStraight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.
45 Wellington St N is listed at $2,500,000 (MLS® X13787708). Summitly updates the price as soon as the MLS® record changes.
No — 45 Wellington St N is still listed at its original asking price of $2,500,000.
The listing for 45 Wellington St N doesn't publish its bedroom and bathroom count. It is a commercial property in Hamilton.
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 860 m (about a 11-minute walk) in a straight line. West Harbour GO Station is about 1.4 km (about a 18-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $2,500,000 is about 271% above the median sold price in Hamilton over the last 90 days, $674,000, across 1,850 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.
Summitly has no earlier MLS® sale or lease of 45 Wellington St N on record from the last two years. Older records aren't shown under TRREB rules.
45 Wellington St N is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
48 days — 45 Wellington St N was listed on September 15, 2026.
The lot measures 30.18 × 54.75 Feet, as published in the listing.
About $48,975 in Ontario land transfer tax at the asking price of $2,500,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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The listing for 45 Wellington St N doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Hamilton.
