81 Hamilton St
Waterdown, Hamilton, Ontario L0R 2H0
- Bedrooms
- 12
- Bathrooms
- 12
- Size
- 5,000 +sq ft
- Lot
- Under 0.50 acres
- Tax a year
- $10,1202025 tax year
- Built
- 31-50
- Parking
- 10none
- Days on market
- Members
The brief
About 81 Hamilton St
81 Hamilton St is a 12-bedroom, 12-bathroom multiplex in Waterdown, Hamilton, listed for sale at an asking price of $2,999,000 (MLS® X13579458).
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.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $10,120 / 2025
- MLS® number
- X13579458
- Board
- TRREB MLS®
- Property Type
- Multiplex
- Building Age
- 31-50
- Days on market
- Size
- 5000 + sqft
- Lot Size
- 75 x 123 ft
- Listed on
- Parking
- None, 10 Parking
Property details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- Waterdown
- Municipality
- Hamilton
Building
- Size
- 5000 + sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 12
- Bathrooms
- 12
- Bathroom Details
- 4 × 4pc 2nd, 4 × 4pc Ground, 2 × 4pc Bsmt, 2 × 2pc Sub-Bsmt
- Basement Type
- Finished
- Kitchens
- 6
Parking
- Driveway
- Available
- Garage Type
- None
- Additional Parking
- 10
- Total Parking
- 10
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Baseboard
Land
- Sewer
- Sewers
- Frontage
- 75 ft
- Depth
- 123 ft
- Lot Size
- 75 x 123 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 0.0 × 0.0 m | — | Ground |
| Dining | 0.0 × 0.0 m | — | Ground |
| Living | 0.0 × 0.0 m | — | Ground |
| Primary | 0.0 × 0.0 m | — | Ground |
| Br | 0.0 × 0.0 m | — | Ground |
| Kitchen | 0.0 × 0.0 m | — | 2nd |
| Dining | 0.0 × 0.0 m | — | 2nd |
| Living | 0.0 × 0.0 m | — | 2nd |
| Primary | 0.0 × 0.0 m | — | 2nd |
| Br | 0.0 × 0.0 m | — | 2nd |
| Kitchen | 0.0 × 0.0 m | — | 2nd |
| Dining | 0.0 × 0.0 m | — | 2nd |
Listing history
Buy/sell history for 81 Hamilton St, Hamilton, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,999,000 | N/A | For Sale | X13579458 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $599,800
- Total mortgage amount
- $2,399,200
- Total interest payment
- $1,705,400
- Total purchase cost
- $4,704,400
- Mortgage payment
- $13,682/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$14,525- Rent $0
- Shortfall $14,525
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $61,450
- Total land transfer tax
- $61,450
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $57,450
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,999,000
- $24,975
- Ontario total
- $61,450
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 9,225 sq ft857 m²
- Street frontage
- 75 ft22.9 m
- Depth
- 123 ft37.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 5 water-supply wells recorded within 250 m1 of them were drilled for domestic use; 6 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 8.5 m.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (55 records). It changes with the season and from spot to spot.500 m
- Bedrock about 4.2 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity1
- Inside the Greenbelt (Protected Countryside)These provincial plans set policies on new buildings, new lots and some changes to the land; the municipality can say which apply to this property.At the address
Province of Ontario open data
Around the home3
- Nearest rail line: 720 m720 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 60 m away. Routes and stops change; check the agency’s schedule.400 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data · Municipal transit open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Opta Waterdown Inc., 1.7 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Alectra Utilities CorporationAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Rogers. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Conservation Haltonor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains public sector Data made available under the City of Hamilton's Open Data Licence
The market
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Aldershot GO | GO Transit train: Lakeshore West | 4.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Mary Hopkins Public SchoolHamilton-Wentworth DSB | Public · grades JK–4 · French Immersion | 500 m | 61%Grade 3 average |
| St. Thomas Catholic Elementary SchoolHamilton-Wentworth CDSB | Catholic · grades JK–8 | 600 m | 83%Grade 6 average |
| Allan A GreenleafHamilton-Wentworth DSB | Public · grades JK–8 | 800 m | 85%Grade 6 average |
| ÉÉC Saint-PhilippeConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 6.3 km | 75%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Waterdown District High SchoolHamilton-Wentworth DSB | Public · grades 9–12 | 850 m | 56%Grade 9 math |
| Aldershot High SchoolHalton DSB | Public · grades 9–12 | 5.1 km | 73%Grade 9 math |
| Notre Dame Catholic Secondary SchoolHalton CDSB | Catholic · grades 9–12 · French Immersion | 7.5 km | 67%Grade 9 math |
| École secondaire Georges-P-VanierConseil scolaire Viamonde | French-language public · grades 9–12 | 7.6 km | 73%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Waterdown are shown to signed-in members.