REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 879,000
Est. payment | /mo
2 Baths
$ 879,000
Est. payment | /mo
2 Baths
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Delta
MLS Listing ID X12787452
Annual Tax Amount $11,075
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Exceptional investment opportunity with this fully leased live/work property in a prime high-traffic area of east-end Hamilton. This freestanding high-visibility corner building features approximately 1,400 sq. ft. of commercial space on the main floor with 11ft high ceilings and an additional 1,400 sq. ft. second-floor residential apartment and a basement. Zoned C2, the property supports a wide range of commercial uses including office/retail/business uses. The main-floor retail tenant pays $2,700/month with 2 years remaining on a 5-year lease, while the upper-level 3-bedroom, 1-bath apartment has been leased for 3 years at $2,075/month. The basement is currently being used by the Owner and not part of the leased units. Total monthly income of $4,775 generates $57,300 annually, with Upper Level tenant willing to stay. Attached garage with storeage/loading dock access loading zone.Excellent exposure, public transit at the doorstep, ample street parking, and quick access to the Red Hill Valley Parkway and QEW make this a strong, turnkey income-producing asset.
Location
Province ON
County Hamilton
Area Hamilton
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 40.0
Lot Depth 99.0
Others
Security Features No
ParcelsYN No
Listed by RE/MAX REAL ESTATE CENTRE INC.