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.
12 bedrooms, 10 bathrooms, about 5,000 sq ft, works out to roughly $600 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 81 Hamilton St N
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
5000 + sq ftas stated on the listing
Parking
10 spaces
Basement
Finished, Full
Features & systems
Parking & garage
Parking spaces
10
Interior
Basement
Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
81 Hamilton St N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13579458$2,999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 81 Hamilton St N 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
$14,733
/mo
based on the purchase price of $2,999,000
$599,800 cash
$2,399,200 financed
$2,020,756 total interest
Principal54%$2,399,200
Interest46%$2,020,756
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 12-bed homes for sale in Hamilton around $3.0M.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,536Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 1,842 sales from Jul 24 – Oct 22, 2026 (1,482 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
81 Hamilton St N is listed at $2,999,000 (MLS® X13579458). Summitly updates the price as soon as the MLS® record changes.
Is $2,999,000 a good price for 81 Hamilton St N?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% 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 81 Hamilton St N changed?
No — 81 Hamilton St N is still listed at its original asking price of $2,999,000.
How many bedrooms and bathrooms does 81 Hamilton St N have?
81 Hamilton St N has 12 bedrooms and 10 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Hamilton.
Is 81 Hamilton St N close to transit?
The nearest rapid-transit station is Aldershot GO Station (Lakeshore West GO), about 4.3 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 81 Hamilton St N?
About $14,733 a month — principal and interest on $2,999,000 with 20% down ($599,800), 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 81 Hamilton St N compare with other homes in Hamilton?
Its asking price of $2,999,000 is about 344% above the median sold price in Hamilton over the last 90 days, $675,000, across 1,842 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 81 Hamilton St N been sold before?
Summitly has no earlier MLS® sale or lease of 81 Hamilton St N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 81 Hamilton St N?
81 Hamilton St N is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 81 Hamilton St N been on the market?
97 days — 81 Hamilton St N was listed on July 17, 2026.
What is the price per square foot of 81 Hamilton St N?
About $600 per square foot: the asking price of $2,999,000 over the 5,000 sq ft the listing gives.
