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$1,799,900
Est. payment /mo
7,116 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 7,116 sqft
Price per Sqft $252
MLS Listing ID 40848197
Abv Grd Liv Area 7,116
Annual Tax Amount $13,482
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Building and Land
Source Cornerstone
Property Description
An exceptional turn-key investment opportunity situated on a prominent, high-visibility corner in one of Hamilton's most established commercial corridors. Spanning over 7,100 total square feet, this fully tenanted, mixed-use asset features over 2,500 square feet of ground-floor retail across two active commercial units, complemented by six residential apartments above. The property offers immediate, diversified cash flow with compelling value-add upside through future unit turnover and rental growth in a proven urban market. Positioned at the gateway to a bustling neighborhood retail strip and supported by the surrounding Crown Point East and Delta residential communities, the location enjoys strong pedestrian activity and key east-west transit connectivity via Cannon Street East. Ongoing local reinvestment, streetscape improvements, and residential intensification continue to strengthen the long-term appeal of this premier asset. Perfectly suited for private investors seeking stable income paired with potential for enhanced returns.
Location
Province ON
County Hamilton
Area 20 - Hamilton Centre
Zoning C5a
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 50.0
Lot Depth 54.0
Garage No
Building
Lot Description Square, City Lot, High Traffic Area, Public Transit, Schools
Story 2
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 172460355
Ownership Freehold/None
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Listed by RE/MAX Escarpment Realty Inc.
Nearby School & Business
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