For SaleCommercial Retail

15 WELLINGTON Street N

$3,749,000
13,916 sqft$269/sq ft60d on market
MLS# X13122058Beasley, Hamilton · L8R 1M7
Bedrooms
Size
13,916 sq ft
Parking
43 Outside/Surface

About This Listing

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.

Monthly Mortgage (P&I)$16,334
Property Tax (MLS)$4,936
Maintenance Fees$0
Total Monthly Cost$21,270

Down payment: $749,800 (20.0%) · Mortgage: $2,999,200

Property tax uses MLS annual tax of $59,233/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberX13122058
Property TypeCommercial Retail
StyleMulti-Use
Listing TypeFor Sale
StatusActive
Size13,916 sq ft
Parking Spaces43
Parking TypeOutside/Surface
Property Tax$59,233/yr
Days on Market60
Listed2026-05-13
CommunityBeasley
MunicipalityHamilton
Cross StreetOn the west side of Wellington Street North between King Street East and King William Street.

Listing provided by Corcoran Horizon Realty

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Data last updated: August 23, 2026 at 10:25 a.m.