$6,495,000
FOR SALE

Multiplex 2-Storey

Bedrooms: 26Lot: 153 x 122 ft
2025 Taxes: $56,771.38

16 West Ave S
Hamilton, ON L8N 2S1 | Stinson

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.
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Listed By REAL BROKER ONTARIO LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12739520
Last Updated May 12, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 171770017
Legal Description PLAN 223 LOT 16 TO 18
Possession Date Flexible
Taxes (2025) $56,771.38
Directions/Cross Streets Main St E
Neighbourhood Stinson
Area Hamilton
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 26
Lot 153 x 122 ft
Exterior Brick
Air Conditioning Central Air
Basement Full, Partially Finished
Garage Type None
Parking Spaces 19
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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