41 Rymal Road W,Hamilton (Kennedy), ON L9B1B5
Hamilton (Kennedy), ON L9B1B5
Description
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. (id:13843)
Details
| MLS # | X13147504 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 153 |
| Listing Provided By | RE/MAX GOLD REALTY INC. | ADDY SAEED |
Features
| SQ Feet | 3,403 |
|---|---|
| Zoning | C5 |
Interior
| Cooling | Partially air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 22484.17 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton (Kennedy) |
| Postal Code | L9B1B5 |
| Listing VS Median (in L9B1B5) | |
Price: $1,599,888 low | high Med: $1,599,888 sqft: 3,403 low | high Med: 3,403 $ / sqft: $470 low | high Med: $470 On site: 153 low | high Med: 153 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton (Kennedy) |
| Postal Code | L9B1B5 |
| Listing VS Median (in L9B1B5) | |
Price: $1,599,888 low | high Med: $1,599,888 sqft: 3,403 low | high Med: 3,403 $ / sqft: $470 low | high Med: $470 On site: 153 low | high Med: 153 | |
 | $1,199,90064 Alexsia StreetHamilton, ON L9B0L1 |
