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15-21 Wellington Street N, Hamilton, ON, L8R 1M7

MLS® # 40645521
Vacant Land For Sale In Beasley, Hamilton, Ontario
$4,299,000
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
15-21 Wellington Street N, Hamilton, ON
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ACTIVE
15-21 Wellington Street N, Hamilton, ON, L8R 1M7
$4,299,000

Property Information:

Excellent investment opportunity that offers both cashflow and development potential. Located right at one of the key future light rail stations, this property includes a nearly 14,000 square foot mixed-use building and a large 40+ car parking lot. A large usable basement offers additional square footage and opportunity. With several strong anchor tenants that include F45 Training, Red Rockets BBQ, and a large office tenant, there is plenty of quick upside to be realized by leasing several turn-key vacant units. In addition to the commercial units, there are four fantastic 2-storey residential lofts occupied by excellent tenants. With exposed brick and beautiful post and beam construction, this building is full of desirable urban character. With a highly flexible Downtown Mixed Use D3 Zoning, the permitted uses and development scenarios for this site are varied and plentiful. Optimize or even expand the existing building, and/or let the property carry itself while going through development planning and approvals. This is a rare opportunity to acquire a large parcel within steps of a major LRT hub!

Property Features:

  • Acres Range: < 0.5
  • Lot Depth: 177.38 Feet
  • Lot Features: Urban, Irregular Lot, Ample Parking, City Lot, High Traffic Area, Public Transit, Visual Exposure
  • Lot Frontage: 132.27 Feet
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Municipal
  • Zoning: D3 - Downtown Mixed Use
  • Sewer: Sewer (Municipal)

Courtesy of: Sotheby's International Realty Canada, Brokerage

Data provided by: The Oakville, Milton and District Real Estate Board 125 Navy Street, Oakville, Ontario L6J 2Z5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 15-21 Wellington Street N, Hamilton, ON, L8R 1M7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 15-21 Wellington Street N, experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past
32.1℃
2050
35.6℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 15-21 Wellington Street N, experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past
306.7mm
2050
381.7mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 15-21 Wellington Street N, Hamilton, ON, L8R 1M7

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$79,176.34

Average Number of Children

1.89

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.78 %

High school certificate or equivalent

31.95 %

Apprenticeship trade certificate/diploma

5.64 %

College/non-university certificate

17.63 %

University certificate (below bachelor)

0.35 %

University Degree

15.65 %

Commuter

Travel To Work

By Car

67.7 %

By Public Transit

18.85 %

By Walking

10.11 %

By Bicycle

0.71 %

By Other Methods

2.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.28 %

Houses

43.72 %

Own Vs. Rent