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.
Residential income property (multi-family / multiplex)
2-storey building
West-facing
Parking
10 total parking spaces
Construction
Brick construction
Utilities
Public water
Sale and tax history for 81 Hamilton St N
Sale History
Tax History
Date
Event
Price
TREB #X13579458
Jul 17, 2026
Listed
$2,999,000
TREB #X12037987
Dec 22, 2025
Delisted
—
Apr 10, 2025
Price Changed
$2,999,900
Mar 24, 2025
Listed
$3,199,900
+34
Welcome to this truly incredible investment property in the heart of Waterdown. This 6-plex has been meticulously maintained and updated by the original owner. Each apartment features two good sized bedrooms, in-suite laundry, a storage room AND boasts 1,250 square feet! This building is currently generating loads of income with a potential to increase revenue by 31%!! Parking will never be an issue, as this property has space for 10 vehicles and has potential to rent more from the neighbouring property. The building practically runs itself - landscaping, snow removal and garbage removal all are done by the tenants. It doesnt get any more TURN-KEY than this! RSA.
As the MLS and public records start to fill up, we'll list the details here.