41 Rymal W Road, Hamilton, ON L9B 1B5

  • $1,599,888
41 Rymal W Road, Hamilton, ON L9B 1B5
Active
41 Rymal W Road, Hamilton, ON L9B 1B5
41 Rymal W Road, Hamilton, ON L9B 1B5
  • $1,599,888

Overview

Property ID: HZX13147504
  • Commercial Retail, Commercial Sale
  • Property Type
  • 3403
  • Sqft

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.

  • Address 41 Rymal W Road
  • City Hamilton
  • State/county ON
  • Zip/Postal Code L9B 1B5

Details

Updated on May 20, 2026 at 11:06 am
  • Property ID: HZX13147504
  • Price: $1,599,888
  • Property Size: 3403 Sqft
  • Garage Size: x x
  • Property Type: Commercial Retail, Commercial Sale
  • Property Status: Active
  • MLS#: X13147504

Additional details

  • Utilities: Yes
  • Sewer: Sanitary+Storm
  • Cooling: Partial
  • County: Hamilton
  • Property Type: Commercial Sale

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