For Sale

15 WELLINGTON Street, Hamilton, Ontario L8R 1M7

$3,999,000

15 WELLINGTON Street, Hamilton, Ontario L8R 1M7 is For Sale and has a listing price of 3,999,000. The property is located in the Beasley neighbourhood . It's been on the website for 47 Days.

  • Land
    Property Type
  • MLS ID: X12070054
  • Office Name Sotheby's International Realty Canada, Brokerage
Property Description

Excellent investment opportunity that offers both cashflow and development potential. Located right at one of the key future light rail stations, this property includes a nearly 14,000 square foot (above grade) mixed-use building and a large 40+ car parking lot. A large usable basement offers additional square footage and opportunity. With several strong anchor tenants that include F45 Training, Red Rockets BBQ, and a large office tenant, there is plenty of quick upside to be realized by leasing several turn-key vacant units. In addition to the commercial units, there are four fantastic 2-storey residential lofts occupied by excellent tenants. With exposed brick and beautiful post and beam construction, this building is full of desirable urban character. With a highly flexible Downtown Mixed Use D3 Zoning, the permitted uses and development scenarios for this site are varied and plentiful. Optimize or even expand the existing building, and/or let the property carry itself while going through development planning and approvals. This is a rare opportunity to acquire a large parcel within steps of a major LRT hub!

Property Details
  • MLS ID: X12070054
  • Price: $3,999,000
  • Lot Depth: 177.38
  • Transaction Types: For Sale
  • Ref ID: X12070054
  • Year Built: N/A
  • Dir / Cross St: On the west side of Wellington Street North between King Street East and King William Street.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
04/08/2025 X12069063 $3,999,000 For Sale - -
04/08/2025 X12070054 $3,999,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Beasley
  • $673,530 Average List Price
    based on 1 year
  • 70 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.3 % Up
  • Sold (12mo) 25
  • Rented (12mo) 196

  • 1 Month Change -11.0%
  • 3 Month Change -32.7%
  • 6 Month Change +2.8%
Walkscore
  • 98 Walk Score
    Walker's Paradise
  • 83 Transit Score
    Excellent Transit
  • 90 Bike Score
    Biker's Paradise
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Parking Spaces: 43
  • Kitchen Y
  • Taxes: $58,708
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 08/04/2025 19:25:32
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