1523 Main Street E Hamilton, Ontario L8K 1E4
$599,900
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:61499)
Property Details
| MLS® Number | 40859979 |
| Property Type | Other |
| AmenitiesNearBy | Hospital, Public Transit |
| CommunityFeatures | High Traffic Area |
| EquipmentType | Other |
| Features | Southern Exposure |
| ParkingSpaceTotal | 6 |
| RentalEquipmentType | Other |
Building
| BasementType | Full |
| ExteriorFinish | Brick |
| FireProtection | Security System |
| StoriesTotal | 2 |
| SizeExterior | 1998.0000 |
| SizeInterior | 1998 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
Parking
| Attached Garage |
Land
| AccessType | Road Access, Highway Access |
| Acreage | No |
| LandAmenities | Hospital, Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 100 Ft |
| SizeFrontage | 32 Ft |
| SizeIrregular | 0.07 |
| SizeTotal | 0.07 Ac|under 1/2 Acre |
| SizeTotalText | 0.07 Ac|under 1/2 Acre |
| ZoningDescription | Toc1 |
Utilities
| Electricity | Available |
https://www.realtor.ca/real-estate/30231888/1523-main-street-e-hamilton
Interested?
Contact us for more information
Michael K. Johnson
Salesperson
130 King St. W. Suite 1900d
Toronto, Ontario M5X 1E3
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 03 2026 07:43:03
Real Broker Ontario Ltd.