New ListingReady-to-run mixed-use investment opportunity in the heart of Hamilton, just steps from Hamilton General Hospital! Offering a strong cap rate and fully leased income, this professionally rebuilt property was completely renovated in 2019 creating a handsome exterior and modern interiors in every unit. The upper two floors feature four beautiful, separately metered 1-bedroom residential units, providing stable, year-round rental income, while the street-level commercial space is occupied by an established restaurant run by an experienced operator. A 3-car parking lot at the rear adds valuable convenience and further appeal. The property also features a full rooftop solar array for additional benefit. With exceptional visibility, high pedestrian traffic, transit, amenities, and major employment nearby, this low-maintenance asset offers an attractive combination of diversified income, quality construction, and long-term investment potential in one of Hamilton's rapidly improving urban corridors. This opportunity would be a great fit in an investment portfolio of any size.
| MLS # | 40856523 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Building Name | Comma |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 4 |
| Listing Provided By | Blair Blanchard Stapleton Ltd. | Mike Beaudoin |
| SQ Feet | 4,524 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Zoning | C5a |
| Acreage | 0.05 |
| Cooling Yes / No | No |
|---|
| Lot Features | City Lot, High Traffic Area, Hospital, Public Transit, Visual Exposure |
|---|---|
| Construction Materials | Brick Veneer |
| Parking Features | Asphalt |
|---|---|
| Attached Garage Yes / No | No |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 10165 |
|---|
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8L 2X4 |
| Area | 13 Hamilton Centre |
| Subarea | 134 Beasley North |
| Community Name | 134 Beasley North |
| Listing VS Median (in 134 Beasley North) | |
Price: $1,449,000 low | high Med: $195,675 sqft: 4,524 low | high Med: 962 $ / sqft: $320 low | high Med: $173 On site: 4 low | high Med: 60.5 | |
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8L 2X4 |
| Area | 13 Hamilton Centre |
| Subarea | 134 Beasley North |
| Community Name | 134 Beasley North |
| Listing VS Median (in 134 Beasley North) | |
Price: $1,449,000 low | high Med: $195,675 sqft: 4,524 low | high Med: 962 $ / sqft: $320 low | high Med: $173 On site: 4 low | high Med: 60.5 | |