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$ 648,900
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Active
1439 Main ST E Hamilton, ON L8K 1C4
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Homeside
MLS Listing ID X13002934
Annual Tax Amount $6,593
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Opportunity to acquire a mixed-use property in Hamilton's evolving downtown east end with both commercial and residential components in place. The main floor is leased to a commercial tenant on a 3-year term at $1,900/month + HST and additional expenses, while the upper residential unit is leased at $2,300/month + utilities on a 2-year term. The property is fully stabilized, and it offers immediate income with clear upside potential through lease optimization and future rent growth. Positioned along Main St. E, the asset benefits from strong visibility, steady traffic, and long-term appreciation drivers, including the planned LRT line directly along the corridor. Current income provides a solid foundation for investors looking to add value and increase returns over time. With both units tenanted and contributing to carrying costs, this is an ideal opportunity for investors seeking a mix of in-place cash flow and future upside in a rapidly developing pocket of Hamilton.
Location
State ON
County Hamilton
Area Hamilton
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 19.36
Lot Depth 80.0
Others
Security Features No
ParcelsYN No
Listed by RARE REAL ESTATE
Nearby Locations