16 WEST Avenue S, Hamilton

2026-01-29
 

Quick Summary

Location
16 WEST Avenue S, Hamilton, Ontario L8N2S1
Price
$6,495,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
18879 sqft
Bedrooms:
26
Garages:
19
Year of Construction:
1869

MLS®#40801471

Property Description

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 $314,276 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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Place of Worship, Public Transit, Schools, Shopping

Building

  • Appliances: Microwave Built-in
  • Basement Development: Partially finished
  • Basement Type: Full (Partially finished)
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 18879 sqft
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 0.43 ac|under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: D1

Information entered by Real Broker Ontario Ltd.
Listing information last updated on: 2026-05-12 17:12:32


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