1 / 251523 MAIN STREET E
Hamilton (Homeside), Ontario, L8K1E4
$599,900
Living area
1,998 square feet
About this property
An exceptional mixed-use investment opportunity, this high-yield commercial asset combines immediate cash flow, revenue diversification, and long-term capital appreciation. Positioned directly on the proposed Light Rail Transit (LRT) corridor, the property is anchored by a popular neighborhood pub featuring an inviting outdoor patio that serves as a major revenue driver during warmer months. Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator. At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion. The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking. Backed by flexible multi-use zoning and a prime transit-oriented location, this versatile asset delivers strong holding income today alongside significant future redevelopment upside. (id:66779)
Details
- Cooling
- Partially air conditioned
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Directions
- Cross Streets: Tragina Ave N. ** Directions: NE corner of Main St E and Tragina Ave N.
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- Residential Commercial Mix
- Parking features
- Other
- Tax annual amount
- 8,019
- Lot size dimensions
- Bldg=32.05 x 100 FT
- Zoning description
- TOC1
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