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Main Photo: 27 Ontario Avenue in Hamilton: Stinson Commercial for sale : MLS®# X12796104
Photo 1: 27 Ontario Avenue in Hamilton: Stinson Commercial for sale : MLS®# X12796104
Photo 2: 27 Ontario Avenue in Hamilton: Stinson Commercial for sale : MLS®# X12796104
Photo 3: 27 Ontario Avenue in Hamilton: Stinson Commercial for sale : MLS®# X12796104
Photo 4: 27 Ontario Avenue in Hamilton: Stinson Commercial for sale : MLS®# X12796104
Photo 5: 27 Ontario Avenue in Hamilton: Stinson Commercial for sale : MLS®# X12796104
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Photo 20: 27 Ontario Avenue in Hamilton: Stinson Commercial for sale : MLS®# X12796104
Photo 21: 27 Ontario Avenue in Hamilton: Stinson Commercial for sale : MLS®# X12796104
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Photo 23: 27 Ontario Avenue in Hamilton: Stinson Commercial for sale : MLS®# X12796104
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12796104
Bus Major:
Apts - 2 To 5 Units
Exceptional multi-residential investment opportunity featuring 5 units in a prime central Hamilton location. Situated steps to the Downtown Core, West Harbour GO Station, Hamilton General Hospital, public transit routes, shops, and restaurants, and within close proximity to the Bruce Trail access points, Wentworth Stairs, and surrounding bike trails, this property benefits from strong tenant demand and long-term growth potential while offering exceptional walkability and outdoor amenities. The building's existing architecture and layout provide flexibility for future renovation or reconfiguration, offering the potential to increase bedroom count and optimize rental income. Featuring 9-20 ft ceilings, skylights, units with private outdoor terraces, separately metered services, and individual hot water tanks for each unit, the property delivers strong functionality and long-term operational efficiency. A rare highlight is the 7-8 car parking area, providing added convenience for tenants, enhancing rental appeal, and creating potential additional income opportunities in a high-density urban neighbourhood where parking is limited. Could also be ideal for a family, couple, or professional owner-occupier looking to live in one unit while offsetting mortgage carrying costs, with potential for short-term rental use subject to buyer due diligence and municipal regulations. Ideal for investors seeking a stable, income-producing asset with upside through value-add improvements in one of Hamilton's evolving urban pockets.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4917 sq. ft. Square Feet
Total Area:
4,917 sq. ft.
Lot Depth:
90'
Lot Frontage:
54'11⅞"
Water supply:
Municipal
Zoning:
D
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
7
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$7,618.68 / 2025
Assessment:
$- / -
Hamilton
Hamilton
Stinson
Hot Water Heater
Refrigerator x 5, Stove x5
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Feb 18, 2026
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Listed by MICHAEL ST.JEAN REALTY INC.
Data was last updated February 18, 2026 at 06:15 AM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.