15-21 Wellington Street N Hamilton, Ontario L8R 1M7

$3,749,000

Excellent investment and future redevelopment opportunity in the heart of Hamilton’s evolving downtown core. Located steps from a future LRT station and adjacent to the International Village BIA, this substantial mixed-use asset offers nearly 20,000 sq. ft. including basement space, plus the exceptional rarity of a 40+ car parking lot — a highly valuable feature in this increasingly urban, transit-oriented corridor. The property is substantially leased to a strong and diverse tenant mix including F45 Training Hamilton Downtown, Red Rockets BBQ, established office users, additional commercial tenants, and four character-filled two-storey loft residences featuring exposed brick, post-and-beam construction, and authentic urban-industrial appeal. Existing vacancy also presents immediate upside potential for investors seeking to increase income and further optimize the asset over time. Positioned within Hamilton’s highly flexible D3 Downtown Mixed Use zoning, the property permits a broad range of residential, commercial, institutional, entertainment, hospitality, and mixed-use redevelopment opportunities. The zoning framework encourages intensification through generous height permissions, minimal setbacks, pedestrian-oriented design, and transit-supportive density — making this an ideal candidate for future redevelopment as the surrounding downtown continues to transform. Whether viewed as a strategic land assembly, long-term hold, adaptive reuse opportunity, or income-producing redevelopment site, properties offering this combination of scale, parking, cashflow, zoning flexibility, and LRT adjacency are increasingly difficult to find. Purchasers may also wish to explore the rare opportunity to acquire the neighbouring property to the south, also available for sale, creating additional scale and future redevelopment potential along this rapidly evolving corridor. A rare opportunity to secure a landmark urban asset in one of Hamilton’s most strategic growth corridors. (id:19593)

Property Details

MLS® Number	40829820
Property Type	Other
Amenities Near By	Public Transit
Community Features	High Traffic Area
Features	Visual Exposure
Parking Space Total	42

Building

Basement Type	Full
Stories Total	3
Size Exterior	13916.0000
Size Interior	13,916 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Sewer	Municipal Sewage System
Size Depth	177 Ft
Size Frontage	132 Ft
Size Irregular	0.487
Size Total	0.487 Ac|under 1/2 Acre
Size Total Text	0.487 Ac|under 1/2 Acre
Zoning Description	D3 - Downtown Mixed Use

https://www.realtor.ca/real-estate/29744992/15-21-wellington-street-n-hamilton