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1,998 sqft

C$499,900

1523 Main Street E, Hamilton ON, L8K 1E4

Price per sqftC$250.20
Property size1,998 sqft
Property typeCommercial

Overview

Active

Listed Sep 3, 2026

Updated Sep 25

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.

Additional information

MLS® ID
40859979

Interior Features

Basement
Yes

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$8,019
Tax Frequency
Annually
Secondary Association Fee Frequency
Monthly
55+/Senior Community
No

Listed by Michael K. Johnson, Real Broker Ontario Ltd.

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