165 & 169 Park Row S

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Address: 165 & 169 Park Row S
Created date: March 4, 2025
Date last updated: June 19, 2025
  • 21 Units with Value-Add Potential – Opportunity to add 2 units, increasing total unit count to 23.
  • Over a 5.00% Cap Rate – Strong cash flow with stabilized income.
  • Immediate CMHC Financing Available – Option to secure insured debt upfront for long-term financing stability.
  • Strategic Unit Upgrades – Renovated units with potential for in-suite laundry to enhance rental income.
  • Prime Hamilton Location – positioned in a strong rental market with continued urban growth.
  • Proximity to Key Amenities – Walking distance to Gage Park, Ottawa Street shopping district, public transit, and major highways, ensuring strong tenant demand.

Property Description

The Investments Group and Scott Gawne are 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 21
Opportunity Zone: No
Property Website Click Here
Address: 165 & 169 Park Row S, Hamilton, ON L8K 2K1, Canada
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