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45 Wellington Street N
Beasley Hamilton L8R 1M9

$2,800,000 /For Sale
Commercial

Main Photo: 45 Wellington Street N in Hamilton: Beasley Commercial for sale : MLS®# X13464440
Photo 1: 45 Wellington Street N in Hamilton: Beasley Commercial for sale : MLS®# X13464440
Photo 2: 45 Wellington Street N in Hamilton: Beasley Commercial for sale : MLS®# X13464440
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13464440
Bus Major:
Apts - 6 To 12 Units
Brand new mixed-use investment opportunity in the heart of Hamilton's rapidly transforming urban core. This fully converted 7-unit asset is zoned D1 and strategically positioned steps from a major transit corridor, significant intensification projects, and numerous existing and proposed condominium developments.The property comprises 5 residential units and 2 commercial units, including 3 rare loft-style residential floor plans that offer a highly desirable blend of character, functionality, and modern design rarely found in purpose-built rental inventory.Offered with assumable CMHC MLI Select financing featuring a 5-year term at 4.13% interest (potentially lower subject to lender approval) and an attractive 50-year amortization, creating exceptional cash flow and long-term financing stability.The property has undergone a comprehensive transformation with virtually all major infrastructure replaced, including electrical, plumbing, HVAC, framing, and insulation. Additional features include all split-unit heating and cooling systems, 8 separate hydro meters (including house meter), a brand-new galvanized powder-coated metal fire escape, 2018 roof, 2021 windows, and 4 on-site parking spaces.Offered at a 4.63% capitalization rate inclusive of taxes, insurance, common utilities, vacancy allowance, property management, and maintenance expenses. Enjoy close to $35,000 in annual positive cash flow. A rare opportunity to acquire a turnkey, institutionally financed mixed-use asset in one of Hamilton's most active growth corridors with strong in-place income and significant long-term appreciation potential.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
100+
Total Area:
4763 sq. ft. Square Feet
Total Area:
4,763 sq. ft.
Retail Area:
1000 sq. ft. Sq Ft
Industrial Area:
0 sq. ft. %
Office/Apt Area:
600 sq. ft. Sq Ft
Lot Depth:
54'9"
Lot Frontage:
30'2"
Lot Details:
30.18 x 54.75 Feet
Water supply:
Municipal
Rooms:
0
Soil Test:
No
Zoning:
(D1)
Heating type:
Electric Forced Air
Cooling:
No
Garage:
None
Parking Spaces:
2
Possession Details:
Flex
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$12,647 / 2025
Assessment:
$- / -
Hamilton
Hamilton
Beasley
Public Transit
Partial
No
UFFI:
No
Amperage:
200
Volts:
600
Utilities:
Available
Energy Certification:
No
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Franchise:
No
Outside Storage:
No
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
0
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
0
Date Listed:
Jun 18, 2026
Original Price:
Previous Price:
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Listed by REVEL REALTY INC.
Data was last updated June 19, 2026 at 10:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

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  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

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When evaluating apartment buildings for sale, consider:

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  • Current rental income and future appreciation potential

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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.