41 RYMAL ROAD W,Hamilton (Kennedy),Ontario,L9B1B5

41 RYMAL ROAD W,Hamilton (Kennedy),Ontario,L9B1B5

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For sale

$1,599,888

41 RYMAL ROAD W,Hamilton (Kennedy),Ontario,L9B1B5

3403  sqft 0 Bedrooms 0 Bathrooms
2003

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:63658)

PROPERTY SUMMARY

MLS® # : X13147504
Listing price : $1,599,888
Listed on : 28-05-2026
Property subtype : For sale
Square footage : 3403 sqft
Year built : 0000
Listing office : RE/MAX GOLD REALTY INC.

BEDROOM & BATHROOM

Total bedrooms : 0 Bedrooms
Total bathrooms : 0 Bathrooms

BUILDING

Building type :
Parking :

Community location

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