Space
Finished area and layout
- Building Area
- 1,998 sqft
+25 more
1,998 sqft
Building Area
0.07 ac
Lot
6
Parking
Property Snapshot
Key details for this listing
MLS #40859979
Property
Type, style and structure
- Type
- other
- Style
- other / Mixed Use
- Ownership
- Freehold
- Basement
- Full
- Stories
- 2
About This Property
This other in Hamilton offers 1,998 sqft of building area on a 0.07 ac lot. 2 storeys. The property has lot dimensions of 0.07. The home features a full basement.
MLS Remarks
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:60351)
Full Listing Details
Address1523 MAIN Street E
MLS#40859979
Listing StatusActive
Property TypeOther
TransactionSale
Days on Market52
Common InterestFreehold
Annual Tax$8,019
Parking6
Parking TypeAttached Garage
Structure TypeResidential Commercial Mix
StyleMixed Use
Living Area1,998 sqft
Stories2
CityHamilton
ProvinceOntario
Postal CodeL8K1E4
Subdivision231 - Homeside
Lot Size0.07 ac
Lot Dimensions0.07
Frontage32.0 feet
Lot FeaturesSouthern exposure
Zoning DetailsTOC1
Total Parking6
Parking FeaturesAttached Garage
BasementFull
ExteriorBrick
SecuritySecurity system
CommunityHigh Traffic Area
UtilitiesElectricity
SewerMunicipal sewage system
Water SourceMunicipal water
Annual Tax$8,019
NE corner of Main St E and Tragina Ave N
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