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41 RYMAL ROAD W
Kennedy Hamilton (Kennedy) L9B 1B5

$1,599,888
Retail

Main Photo: 41 RYMAL ROAD W in Hamilton (Kennedy): Retail for sale : MLS®# X13147504
Photo 1: 41 RYMAL ROAD W in Hamilton (Kennedy): Retail for sale : MLS®# X13147504
Photo 2: 41 RYMAL ROAD W in Hamilton (Kennedy): Retail for sale : MLS®# X13147504
Photo 3: 41 RYMAL ROAD W in Hamilton (Kennedy): Retail for sale : MLS®# X13147504
Photo 4: 41 RYMAL ROAD W in Hamilton (Kennedy): Retail for sale : MLS®# X13147504
Status:
Active
Prop. Type:
Retail
MLS® Num:
X13147504
Bus Major:
Automobile
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:2493)
Property Type:
Retail
Total Living Area:
3,403 sq. ft.
Zoning:
C5
Taxes:
$22,484.17 / -
Community:
Kennedy
Major Business Type:
Automobile
Cooling:
Partially air conditioned
Fireplace:
No
Heating:
Forced air, Natural gas
Water:
Municipal water
Lot Frontage:
60'1¼"
Lot Details:
60.12 x 184.82 FT
  • Photo 1: 41 RYMAL ROAD W in Hamilton (Kennedy): Retail for sale : MLS®# X13147504
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  • Photo 2: 41 RYMAL ROAD W in Hamilton (Kennedy): Retail for sale : MLS®# X13147504
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  • Photo 3: 41 RYMAL ROAD W in Hamilton (Kennedy): Retail for sale : MLS®# X13147504
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  • Photo 4: 41 RYMAL ROAD W in Hamilton (Kennedy): Retail for sale : MLS®# X13147504
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Listed by RE/MAX GOLD REALTY INC.
Data was last updated May 20, 2026 at 02:45 PM (UTC)
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