An exceptional investment and development opportunity in the heart of Hamilton's desirable Corktown neighbourhood. Situated on an impressive 44 108 ft lot, this fully rented two-unit property offers immediate rental income together with exciting long-term potential.The property features two self-contained residential units, each offering two bedrooms and one bathroom. Both units are currently rented, providing investors with income from day one. The home offers spacious interiors, updated finishes, heating and air conditioning, and two on-site parking spaces.Ideally located minutes from downtown Hamilton, major transit routes, the Hamilton GO Centre, shopping, restaurants, parks and everyday amenities. Redevelopment plans are available for prospective buyers to review. The large lot may offer opportunities for future expansion or redevelopment, subject to municipal zoning, required approvals and the buyer's own due diligence.A rare opportunity to acquire a beautiful income-producing property with a generous lot in a high-demand central location-ideal for investors, developers or buyers looking for immediate income and excellent future potential. A minimum of 24 hours' notice is required for showings.
4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $393 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 70 Wellington St S
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spaces
Basement
Unfinished, Full
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Unfinished · Full
Lot & land
Lot size (sqft)
0.11
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
70 Wellington St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14030516$589,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 70 Wellington St S Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$2,894
/mo
based on the purchase price of $589,000
$117,800 cash
$471,200 financed
$396,874 total interest
Principal54%$471,200
Interest46%$396,874
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.
Similar homes for sale nearby in Hamilton
Other 3-bed homes for sale in Hamilton around $589K.
Average days on market40Homes sold in about 40 days on average.
Sale-to-list ratio97.0%On average, homes sold below asking.
Active listings2,495Homes for sale here right now.
Median vs prior 90 days−1.9%Compared with Apr 17 – Jul 16, 2026: prices down.
Based on 1,922 sales from Jul 16 – Oct 14, 2026 (1,446 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
70 Wellington St S is listed at $589,000 (MLS® X14030516). Summitly updates the price as soon as the MLS® record changes.
Is $589,000 a good price for 70 Wellington St S?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 70 Wellington St S changed?
No — 70 Wellington St S is still listed at its original asking price of $589,000.
How many bedrooms and bathrooms does 70 Wellington St S have?
70 Wellington St S has 4 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Hamilton.
Is 70 Wellington St S close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 730 m (about a 9-minute walk) in a straight line. West Harbour GO Station is about 1.7 km (about a 22-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 70 Wellington St S?
About $2,894 a month — principal and interest on $589,000 with 20% down ($117,800), 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 70 Wellington St S compare with other homes in Hamilton?
Its asking price of $589,000 is about 13% below the median sold price in Hamilton over the last 90 days, $676,250, across 1,922 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 70 Wellington St S been sold before?
Summitly has no earlier MLS® sale or lease of 70 Wellington St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 70 Wellington St S?
70 Wellington St S is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 70 Wellington St S been on the market?
70 Wellington St S was listed today (October 14, 2026).
What is the price per square foot of 70 Wellington St S?
About $295 to $393 per square foot: the asking price of $589,000 over the 1,500–2,000 sq ft the listing gives as its size range.
