$1,599,888
FOR SALE

Commercial/Retail

Lot: 60.12 x 184.82 ft
2025 Taxes: $22,484.17

41 Rymal Rd W
Hamilton, ON L9B 1B5 | Kennedy

Multi-Income Commercial Investment | Car Wash + 3 Passive Leases Rarely does a commercial asset come to market with this level of capital investment already behind it and this many income streams already producing. This is a fully renovated, 6-bay self-serve coin-operated car wash on a C5-zoned site in Hamilton's most active automotive corridor - generating $125,845 in gross annual revenue from four independent sources, with $473,000+ in documented capital improvements completed in 2023-2024.Income streams: Car wash operations (CPA-confirmed, 2025), dog grooming tenancy to 2027, Freedom Mobile telecom tower lease (auto-renewing), and a newly executed 10-year digital billboard lease with EYE CANDY ADS. Three of the four require zero day-to-day involvement from the owner. The asset has been reset. Environmental remediation completed (clean cert issued 2024). Full asphalt repaving (6,324 sq. ft.). All-new 6-bay car wash equipment under warranty. Tap & Wash cashless payment system installed across all bays - subscription membership model ready to launch with zero additional infrastructure cost. 12-camera HD security system. Remote monitoring app included. Proforma path to 6.9% cap via subscription revenue model already infrastructure-ready. C5 zoning permits mixed-use redevelopment up to 22 metres - the income keeps the asset cash-flowing while long-term options are evaluated.18,500+ daily passing vehicles. Adjacent to Tim Hortons and Volvo Hamilton. Acura, Mercedes-Benz, BMW, Hyundai, Kia, and Nissan dealerships within minutes. 7 minutes to Hamilton International Airport. All financials sourced from 2025 CPA-compiled statements (CSRS 4200). Buyers to conduct independent due diligence.
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Listed By RE/MAX GOLD REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13147504
Last Updated May 20, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Automotive Related
PIN 171210005
Possession Date TBD
Taxes (2025) $22,484.17
Directions/Cross Streets Rymal and Upper James
Neighbourhood Kennedy
Area Hamilton
Price History

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Detailed Information
Freestanding Y
Lot 60.12 x 184.82 ft
Air Conditioning Partial
Garage Type Outside/Surface
Heat Type Gas Forced Air Open
Financial Statement Y
Sewers Sanitary+Storm

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