41 Rymal Road W
Kennedy
Hamilton
L9B 1B5
$1,599,888 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X13147504
- Bus Major:
- Automotive Related
- Photos (4)
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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.
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Total Area:
- 3403 sq. ft. Square Feet
- Total Area:
- 3,403 sq. ft.316 m2
- Retail Area:
- 834 sq. ft. Sq Ft
- Industrial Area:
- 2569 sq. ft. Sq Ft
- Office/Apt Area:
- 834 sq. ft. Sq Ft
- Lot Depth:
- 184'10"56.3 m
- Lot Frontage:
- 60'1½"18.3 m
- Water supply:
- Municipal
- Zoning:
- C5
- Heating type:
- Gas Forced Air Open
- Garage:
- Outside/Surface
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- In Addition To
- Development Charges Paid:
- Unknown
- Type Taxes:
- Annual
- Taxes:
- $22,484.17 / 2025
- Assessment:
- $- / -
- Hamilton
- Hamilton
- Kennedy
- Major Highway, Public Transit
- No
- None
- No
- Utilities:
- Yes
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- Partial
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Major Business Type:
- Automotive Related
- Category:
- Multi-Use
- Franchise:
- No
- Hours Open:
- 0
- Employees:
- 0
- Chattels:
- No
- LLBO:
- No
- Seats:
- 0
Larger map options:
Listed by RE/MAX GOLD REALTY INC.
Data was last updated May 20, 2026 at 06:15 PM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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