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$ 11,995,000
Est. payment | /mo
$ 11,995,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Durand
MLS Listing ID X13009446
Annual Tax Amount $112,379
Tax Year 2025
Property Sub-Type Investment
Property Description
27 Bold Street represents an exceptional multifamily investment opportunity in Hamilton's most prestigious residential neighbourhood. This fully renovated 32-unit apartment building offers substantial rental upside potential, with current occupancy at 59.4% providing immediate lease-up opportunity alongside strong market fundamentals. The property underwent complete renovation between 2019 and 2020 resulting in a virtually new building with modern mechanical systems, contemporary unit finishes, and premium amenities rarely found in Hamilton's rental stock. Each unit features in-suite washer/dryer connectivity, quartz countertops, stainless steel appliances, and updated bathrooms, positioning the asset at the premium end of the local market. Situated in the heart of the Durand neighbourhood, the property benefits from Hamilton's strongest residential location, offering residents walkable access to downtown Hamilton, GO Transit connectivity, major healthcare institutions, and the trendy Locke Street retail corridor. For investors, 27 Bold Street combines scale, location, and immediate value creation potential, supported by minimal capital requirements and strong rental fundamentals in Ontario's fastest-growing secondary market.
Location
Province ON
County Hamilton
Area Hamilton
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 60.0
Lot Depth 150.0
Building
Building Age 100+
Others
Security Features No
ParcelsYN No
Listed by COLLIERS
Nearby Locations
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