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MLS® X13122058
Hamilton, ON
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.
Broker
Corcoran Horizon Realty
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Commercial Retail
15 WELLINGTON Street N Hamilton
Hamilton
Type
Commercial Retail
Parking
Outside/Surface
Property Tax
~$59,233/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
13916 sqft
Parking
Outside/Surface
Finances
List Price
$3,749,000
Price per SQFT
$269/sqft
Property Tax
~$59,233/yr
Property Specs
Property Type
Commercial Retail
MLS Size
13916 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Hamilton
Listed On
May 13, 2026
Public Transit
Days on Market
Current: 178 days
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