41 Rymal Road
Hamilton, ON L9B 1B5
Quick cost estimateKnown monthly subtotal$9,317.70 / monthLand transfer tax $28,472.76One-time estimate
Quick cost estimate
$9,317.70 / monthKnown monthly subtotal
- Mortgage principal & interest
- $7,444.02
- Property tax / month
- $1,873.68
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $28,472.76
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $28,472.76
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
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.
Home details
- Days on market
- Not reported
- Property type
- Commercial Retail
- Source status
- Active
- Postal code
- L9B 1B5
- Building area (total)
- 3,403 sq ft
- Lot depth
- 184.82 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Owner+Tenant
- Possession type
- Immediate
- Garage
- Outside/Surface
- Annual property tax
- 22484.17
- Heating system
- Gas Forced Air Open
- Cooling
- Partial
- Utility services
- Yes
- Sewer
- Sanitary+Storm
- MLS entry age (not confirmed DOM)
- 170 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Reported utility services
- Yes
- Sewer
- Sanitary+Storm
- Heating system
- Gas Forced Air Open
- Cooling
- Partial
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
Room-count details have not been supplied for this listing.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $1,599,888
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
Filter the records displayed below.
Nearby publicly funded schools
Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.
School year 2024-2025 · Preliminary · publisher extract 2026-09-14.
Corpus Christi Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
School board: Hamilton-Wentworth CDSB ↗
25 Alderson Dr, Hamilton
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 92%
- Grade 3 Writing (at provincial standard)
- 95%
- Grade 3 Mathematics (at provincial standard)
- 95%
- Grade 6 Reading (at provincial standard)
- 98%
- Grade 6 Writing (at provincial standard)
- 100%
- Grade 6 Mathematics (at provincial standard)
- 98%
Helen Detwiler Junior Elementary School
Elementary · JK-8 · English · Public
School board: Hamilton-Wentworth DSB ↗
320 Brigade Drive, Hamilton
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 66%
- Grade 3 Writing (at provincial standard)
- 63%
- Grade 3 Mathematics (at provincial standard)
- 44%
- Grade 6 Reading (at provincial standard)
- 76%
- Grade 6 Writing (at provincial standard)
- 80%
- Grade 6 Mathematics (at provincial standard)
- 36%
St. Marguerite d'Youville Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
School board: Hamilton-Wentworth CDSB ↗
20 Bonaparte Way, Hamilton
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 79%
- Grade 3 Writing (at provincial standard)
- 67%
- Grade 3 Mathematics (at provincial standard)
- 58%
- Grade 6 Reading (at provincial standard)
- 90%
- Grade 6 Writing (at provincial standard)
- 79%
- Grade 6 Mathematics (at provincial standard)
- 42%
St. Thérèse of Lisieux Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
School board: Hamilton-Wentworth CDSB ↗
1760 Garth Street, Hamilton
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 78%
- Grade 3 Writing (at provincial standard)
- 68%
- Grade 3 Mathematics (at provincial standard)
- 62%
- Grade 6 Reading (at provincial standard)
- 81%
- Grade 6 Writing (at provincial standard)
- 85%
- Grade 6 Mathematics (at provincial standard)
- 55%
James MacDonald Public School ↗
Elementary · JK-6 · English · Public
School board: Hamilton-Wentworth DSB ↗
200 Chester Avenue, Hamilton
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 65%
- Grade 3 Writing (at provincial standard)
- 58%
- Grade 3 Mathematics (at provincial standard)
- 52%
- Grade 6 Reading (at provincial standard)
- 72%
- Grade 6 Writing (at provincial standard)
- 62%
- Grade 6 Mathematics (at provincial standard)
- 30%
Ray Lewis (Elementary) School ↗
Elementary · JK-8 · English · Public
School board: Hamilton-Wentworth DSB ↗
27 Jessica Street, Hamilton
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 65%
- Grade 3 Writing (at provincial standard)
- 50%
- Grade 3 Mathematics (at provincial standard)
- 34%
- Grade 6 Reading (at provincial standard)
- 90%
- Grade 6 Writing (at provincial standard)
- 95%
- Grade 6 Mathematics (at provincial standard)
- 59%
St. John Paul II Catholic Elementary School ↗
Elementary · JK-8 · English · Catholic
School board: Hamilton-Wentworth CDSB ↗
600 Acadia Dr, Hamilton
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 83%
- Grade 3 Writing (at provincial standard)
- 70%
- Grade 3 Mathematics (at provincial standard)
- 70%
- Grade 6 Reading (at provincial standard)
- 87%
- Grade 6 Writing (at provincial standard)
- 92%
- Grade 6 Mathematics (at provincial standard)
- 50%
St. Thomas More Catholic Secondary School ↗
Secondary · 9-12 · English · Catholic
School board: Hamilton-Wentworth CDSB ↗
1045 Upper Paradise Rd, Hamilton
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 9 Mathematics (at provincial standard)
- 48%
- Grade 10 OSSLT (first-attempt pass)
- 80%
Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.
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Transit near this property
No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.
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Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
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Similar homes for sale in Hamilton
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
41 Rymal Road, Hamilton is listed for sale as a Commercial Retail. Asking price: $1,599,888. Occupancy is reported as Owner+Tenant.
The Ministry’s school dataset lists Corpus Christi Catholic Elementary School approximately 402 m from the property’s mapped location.
Local context
The Ministry’s school dataset lists Corpus Christi Catholic Elementary School approximately 402 m from the property’s mapped location.
Sources & distance notes
Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: RE/MAX GOLD REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® . Information deemed reliable but not guaranteed.