169 Park Row S

21 Unit Apartment Building $3,900,020 USD ($185,715 USD/Unit) Hamilton, ON L8K 2K1

EXECUTIVE SUMMARY

The Investments Group is pleased to offer a rare opportunity to acquire a 21-unit multifamily asset in Hamilton’s Delta neighborhood. This property combines strong cash flow with significant value-add potential. Qualified investors can take advantage of a direct-to-CMHC financing option, allowing them to secure low-cost debt and maximize long-term returns. A zoning assessment confirms the feasibility of adding one or two additional one-bedroom units, further enhancing revenue potential. Recent renovations and proactive maintenance minimize immediate capital expenditures while providing a clear path for future growth. With strong fundamentals, scalable upside, and long-term stability, this is an institutional-quality investment opportunity. Additional information and detailed financials available upon request.

PROPERTY FACTS

Price $3,900,020 USD
Price Per Unit $185,715 USD
Sale Type Investment
No. Units 21
Property Type Multifamily
Property Subtype Apartment
Building Class C
Building Size 20,640 SF
No. Stories 3
Year Built 1955
Parking Ratio 0.48/1,000 SF
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (70)
  • Listing ID: 35062208

  • Date on Market: 3/7/2025

  • Last Updated:

  • Address: 169 Park Row S, Hamilton, ON L8K 2K1