Property Description

📍 41 Rymal Road West, Hamilton, Ontario — Listed at $1,599,888

Exceptional Investment Opportunity — Hamilton’s Premier Multi-Income Commercial Property

This is a rare chance to acquire a fully modernized, income-generating asset in one of Hamilton’s highest-traffic commercial corridors. Situated on Rymal Road West, just off Upper James Street, this property enjoys exceptional visibility with 18,500+ daily passing vehicles. Positioned between Tim Hortons and Volvo Hamilton, and surrounded by major automotive dealerships, this investment delivers four independent income streams, $473,000+ in documented capital improvements, and a proforma cap rate path to 6.9% — with the infrastructure already in place to get there.

Whether you’re seeking a genuinely passive income asset or an owner-operator ready to activate a subscription revenue model that’s already built and waiting, this is the kind of opportunity that doesn’t come up twice.

🔹 Four Independent Income Streams

Most commercial properties offer one source of revenue. This one has four — each independent, each already active, and each transferring with the property on closing.

💰 Self-Serve Coin-Operated Car Wash
A fully upgraded 6-bay facility with cashless tap payment installed across every bay. CPA-confirmed 2025 actuals. Remote monitoring app gives real-time visibility into bay performance from any device.

💰 Long-Term Commercial Tenancy
An established business tenant operates from within the building under a long-term lease. Contracted income, no management required.

💰 Telecom Tower Lease
A major Canadian telecom provider leases a portion of the property under a long-term agreement with automatic renewal options and built-in annual escalations. Carriers rarely vacate installed tower sites.

💰 Digital Billboard Lease
A brand new 10-year billboard lease was executed in December 2025. The display faces Rymal Road West with direct exposure to 18,500+ daily vehicles. Annual escalations apply over the lease term.

Full income details — including revenue figures, lease terms, and CPA-compiled financials — are available to qualified buyers upon request.

🔹 The Upside — A Subscription Model Built But Never Launched

The seller invested over $473,000 in documented capital and installed a cashless payment platform across all 6 bays — a system that is already configured for monthly membership billing. The infrastructure is paid for and installed. The next owner activates it.

At a conservative subscription price point, converting even a small fraction of 18,500 daily passing vehicles to monthly members adds significant recurring revenue with near-zero incremental cost. The proforma path to a 6.9% cap rate runs directly through this platform. Detailed projections are included in the Offering Memorandum.

🔹 Recent Capital Improvements (2023–2024) — $473,212 Documented

This property has undergone one of the most comprehensive capital improvement programs of any comparable commercial asset in Hamilton. $473,212 pre-HST ($534,729 all-in) — fully supported by signed contractor agreements available in the due diligence package. A buyer inherits a reset asset with no deferred maintenance and no environmental liability.

✅ Environmental & Structural Work (2023)

🔹 Environmental Clean-Up:

• 1,050 tonnes of zinc-impacted soil removed and properly disposed of.
• Site backfilled with crushed stone & compacted, meeting all environmental safety standards.
• Clean Environmental Report issued 2024.

🔹 Full Asphalt Repaving:

• 6,324 sq. ft. of asphalt excavation, grading & repaving — fresh and fully warranted surface.

🔹 Exterior Enhancements:

• Exterior painting of all bays, front-facing concrete blocks, and vinyl panels.
• Masonry repairs and replacement of deteriorating bricks and mortar.
• New vinyl panels for a modernized, professional appearance.

✅ Car Wash Equipment & Technology (2024)

🔹 New 6-Bay Self-Serve Car Wash System:

• Low-pressure pre-soak, high-pressure detergent, foaming brush, high-pressure rinse & wax.
• Upgraded pumping station with belt-driven ceramic plunger pumps.
• New chemical delivery system & stainless steel reservoirs.

🔹 Tap & Wash Cashless Payment System:

• Installed in all 6 bays — subscription-model ready, zero additional infrastructure required.
• Stainless steel coin boxes with LED timers & coin mechanisms.
• 3G Router & signage package supporting cashless functionality.

🔹 Additional Equipment:

• 3 new commercial-grade vacuums with rewired electrical system.
• New air compressors for optimal wash performance.
• 6-bay remote monitoring app — real-time bay data and equipment alerts from any device.

✅ Electrical, Security & Lighting (2024)

🔹 New LED Pole Lighting:

• 3 new 90W LED pole lights with automatic photocell sensors for energy efficiency.

🔹 Complete Electrical Overhaul:

• Rewired entire car wash system, vacuums & all wash bays.
• New conduits and upgraded panel work with ESA permits.

🔹 State-of-the-Art Security System:

• 12 high-definition security cameras with night vision & motion detection.
• 32-channel NVR system with remote viewing & mobile access.
• Built-in deterrence: red/blue strobe lights & audio alerts.

🔹 Prime Location & Area Influences

This property benefits from its position on Hamilton’s premier automotive corridor. Drivers who purchase, service, or browse at a nearby dealership are the car wash’s natural customer base — already in the right mindset, already on the road.

🏢 Surrounded by Major Car Dealerships:

• Volvo Hamilton 🚗 (Next Door — immediately west)
• Acura Hamilton 🚙 (300m Away)
• Mercedes-Benz Hamilton 🚘 (600m Away)
• BMW Hamilton 🚗 (5 Minutes Away)
• Hyundai, Kia, and Nissan Dealerships nearby along the Rymal Road corridor

✈ Close Proximity to Hamilton International Airport (YHM)

• 7-minute drive to the airport — a major cargo hub and growing commercial zone.
• Area expected to see continued commercial & industrial expansion, supporting long-term property appreciation.

🚦 High-Traffic Commercial Corridor

• 18,500+ vehicles pass daily — targeted, car-owning traffic, not just volume.
• Positioned between Tim Hortons & Volvo Hamilton, benefiting from continuous traffic flow in both directions.
• C5 zoning (Mixed Use Medium Density) permits residential development up to 22 metres — long-term redevelopment optionality built in.

🔹 Why This Investment Stands Out

✔ Four Active Income Streams — Car wash, commercial tenancy, telecom tower, and digital billboard. Diversified from day one.
✔ $473K+ in Documented Capital — Environmental clean certificate (2024), new equipment under warranty, ESA-permitted electrical, 6,324 sq. ft. of new asphalt.
✔ Subscription Model Ready to Activate — Tap & Wash platform installed across all 6 bays. The infrastructure is already paid for.
✔ Genuinely Hands-Off — Three of four income streams require zero day-to-day management.
✔ Proforma Cap Rate to 6.9% — Conservative projections, detailed in the Offering Memorandum, available to qualified buyers.
✔ Redevelopment Optionality — C5 zoning permits mixed-use residential up to 22 metres. Income cash-flows while options are evaluated.

🔹 Ready to Go Further?

The full Offering Memorandum includes CPA-compiled financial statements, all executed lease agreements, the complete CAPEX documentation package, and the detailed subscription proforma. It’s available to qualified buyers — sign the NDA below to receive access.

📞 Call or text Addy Saeed at 647-370-9470 — or book a call at www.addysaeed.com

🔹 Final Thoughts

Properties like this don’t appear often — four income streams, half a million in capital already deployed, a subscription platform ready to launch, and C5 zoning that keeps your long-term options open. The income pays you while you decide what to do with it next. If that’s the kind of asset you’re looking for, let’s talk.

📞 Addy Saeed, Broker — RE/MAX Gold Realty Inc., Brokerage
647-370-9470 (Direct/SMS)  |  877-439-2339 (Toll-Free)  |  www.buildingsforsaletoronto.com

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