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$1,599,888
Available - For Sale
Listing ID: X13147504
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.
Price $1,599,888
Taxes: $22,484.17
Tax Type: Annual
Occupancy by: Owner+T
Address: 41 Rymal Road West , Hamilton, L9B 1B5, Hamilton
Postal Code: L9B 1B5
Province/State: Hamilton
Directions/Cross Streets: Rymal and Upper James
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Multi-Use
Use: Automotive Related
Building Percentage: T
Total Area: 3,403
Total Area Code:  Square Feet
Office/Appartment Area: 834
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: T
Chattels: F
Franchise: F
Hours Open: 0
Employees #: 0
Seats: 0
Maintenance: 0
Sprinklers: No
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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RE/MAX GOLD REALTY INC.

41 Rymal Road West , Hamilton, L9B 1B5, Hamilton

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Maria Tompson
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At a Glance:
Type: Com - Commercial Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Kennedy
Style:
Lot Size: x 184.82(Feet)
Approximate Age:
Tax: $22,484.17
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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