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Investment signal

$1,095,000

70 OTTAWA Street N

Beds

Baths

Sqft

—

Year

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Location

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About this home

Prime mixed-use investment opportunity on trendy Ottawa Street! This well-located property features a commercial main floor with three residential apartments above, offering excellent income potential in one of Hamilton’s most sought-after urban corridors. Surrounded by popular restaurants, boutique shops, and everyday amenities, this high-visibility location benefits from strong pedestrian and vehicle traffic. Positioned directly across the street from the original Tim Hortons, the property enjoys iconic exposure and long-term desirability. Ideal for investors or owner-operators looking to capitalize on a vibrant, growing neighbourhood. (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: 201 - Crown Point
Common interest: Freehold
Living area: 2,800 square feet
Parking: 4 total
Stories: 2
On market: Jan 19, 2026
Status changed: Apr 14, 2026
Annual tax: $5,844
Zoning: C5A
Photos: 24
MLS#: 40798995
Area: HAMILTON

Features and systems

Basement

Partially finishedFull

Heating

Radiant heatNatural gas

Cooling

None

Exterior

Brick

Foundation

Block

Lot

Paved driveway

Community

High Traffic Area

Negative cash flow ~$2,124/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.64%

Cap rate

3.56%

GRM

16.7

Break-even rent

$7,710

Financing

Down payment$219,000

Loan amount$876,000

Mortgage$5,374/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$502

Insurance$80

Maintenance$913

CapEx reserve$456

Vacancy loss$274

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $5,374/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.