




41 Rymal Road W
Hamilton, ON L9B 1B5
Price
$1,599,888
Building Size
3,403 sq ft
MLS# X13147504 | Listed by RE/MAX GOLD REALTY INC.
Business Details
Business Type
Automotive Related
Property Use
Multi-Use
Franchise
No
Commercial Space & Financials
Retail Area
834 sq ft
Industrial Area
2,569 sq ft
Office / Apt Area
834 sq ft
Taxes (Annual)
$22,484.17
Industrial Specifications
Lot Size
60.12' × 184.82'
Structure
Freestanding
Property Description
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 & Status History
Price history is locked
Get the Warehouse Screening Checklist
Professional evaluation guide to screen 5-10 properties in the time it takes to tour one.

Book a Private Showing
Guided by Vick Yogeswaran • REALTOR®
RE/MAX Realtron Realty Inc., Brokerage
What are you looking to do?
Listing Courtesy of: RE/MAX GOLD REALTY INC.
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
Interested? Request info
Have a question about this property? Send us a quick note and a specialist will get back to you—no pressure, no obligation.
- Fast, friendly response
- No obligation
- Ask anything about this listing
Data Accuracy: While every effort has been made to ensure the accuracy of the information, WarehouseINDEX makes no warranties or representations as to the accuracy, completeness, or reliability of this data. All information should be independently verified. Last updated data may not reflect the most current MLS® listings.