16 West Avenue S, Hamilton, ON L8N 2S1, Hamilton, ON
Bed 26
An exceptional opportunity to acquire a truly one-of-a-kind heritage asset in the heart of Downtown Hamilton. 16 West Ave S is a stunning converted church, thoughtfully transformed into a loft-style apartment building in 2022, seamlessly blending historic character with modern functionality. Featuring soaring ceilings, dramatic stained-glass windows, and architectural details rarely found in today's market, the property comprises 18,879 SF with 19 fully occupied units, offering an ideal unit mix of 2 bachelor suites, 10 one-bedrooms, 5 two-bedrooms, and 2 three-bedrooms, complemented by 19 surface parking spaces. The asset is fully stabilized, generating approximately $313,205 in Net Operating Income, providing immediate, predictable cash flow. The property further benefits from highly attractive assumable financing at a fixed 3.72% interest rate extending to 2032. This below-market debt materially enhances returns and offers a significant advantage in today's rate environment. Perfectly positioned steps to shops, restaurants, theatres, and everyday amenities, and just moments from the Hamilton GO Station for seamless access along the GO Transit line, this central location is unmatched. Situated in a thriving urban core anchored by McMaster University and major professional sports franchises including the Hamilton Tiger-Cats and Toronto Rock, this is a rare, turnkey investment combining strong income fundamentals, irreplaceable character, and long-term upside.
Property Highlights
For Sale
MLS NO.
X12739520
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
26
Parking
19.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12739520
Living Area Range
5000 +
Total Bedrooms
26
Bedrooms Above Grade
26
Total Bathrooms
0
Total Kitchens
19
Kitchens Above Grade
19
Rooms Above Grade
19
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
153.0
Parking Features
Available
Parking Total
19.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
South
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
16 West Avenue S, Hamilton, ON L8N 2S1
City
Hamilton
Neighbourhood
Stinson
County / Region
Hamilton
Province / State
ON
Postal Code
L8N 2S1
Cross Street
Main St E
Directions
East on Main St, right on West Ave
Country
CA
List Price
$6,795,000
Annual Taxes
$56,771
Tax Year
2025
Legal Description
PLAN 223 LOT 16 TO 18
Possession Type
Flexible
Possession Details
Flexible
Listing Office
REAL BROKER ONTARIO LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2026-01-29T17:57:33Z
Media Updated
2026-01-31T00:55:54Z
Photos Updated
2026-01-29T17:57:34Z
Last Modified
2026-01-31T00:55:53Z
System Modified
2026-01-31T00:55:53.979382Z
MLS Status
New
Architectural Style
2-Storey
Basement
Full, Partially Finished
Ddfyn
Yes
Expiration Date
2027-01-27
Foundation Details
Unknown
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Not Subject to HST
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
171770017
Parking Spaces
19
Property Features
Hospital, Place Of Worship, Public Transit, School
Public Remarks
An exceptional opportunity to acquire a truly one-of-a-kind heritage asset in the heart of Downtown Hamilton. 16 West Ave S is a stunning converted church, thoughtfully transformed into a loft-style apartment building in 2022, seamlessly blending historic character with modern functionality. Featuring soaring ceilings, dramatic stained-glass windows, and architectural details rarely found in today's market, the property comprises 18,879 SF with 19 fully occupied units, offering an ideal unit mix of 2 bachelor suites, 10 one-bedrooms, 5 two-bedrooms, and 2 three-bedrooms, complemented by 19 surface parking spaces. The asset is fully stabilized, generating approximately $313,205 in Net Operating Income, providing immediate, predictable cash flow. The property further benefits from highly attractive assumable financing at a fixed 3.72% interest rate extending to 2032. This below-market debt materially enhances returns and offers a significant advantage in today's rate environment. Perfectly positioned steps to shops, restaurants, theatres, and everyday amenities, and just moments from the Hamilton GO Station for seamless access along the GO Transit line, this central location is unmatched. Situated in a thriving urban core anchored by McMaster University and major professional sports franchises including the Hamilton Tiger-Cats and Toronto Rock, this is a rare, turnkey investment combining strong income fundamentals, irreplaceable character, and long-term upside.
