16 WEST AVENUE S, Hamilton (Stinson)

2026-01-29
 

Quick Summary

Location
16 WEST AVENUE S, Hamilton (Stinson), Ontario L8N2S1
Price
$6,495,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
5000 - 100000 sqft
Bedrooms:
26
Garages:
19

MLS®#X12739520

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 $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. (id:32467)

Property Features

Ammenities Near By

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

Building

  • Basement Development: Partially finished
  • Basement Type: Full (Partially finished)
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 5000 - 100000 sqft
  • Building Type: Other
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 153 x 122 FT
  • Sewer: Sanitary sewer

Zoning

  • Description: D1

Information entered by REAL BROKER ONTARIO LTD.
Listing information last updated on: 2026-05-12 18:16:16


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$500,000

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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