Rare opportunity to own a prime mixed-use property in the heart of Hamilton, ideally situated at the corner of John St S and Augusta St, just a 2-minute walk to the GO Station, schools, commercial towers, and a thriving residential community. This newly refurbished four-storey offers a total of 4,582 sq. ft. It includes four residential units and one commercial unit. The residential suites are spacious and full of character, including one impressive two-storey loft. The commercial unit features a fully operational kitchen, bar, and a fully licensed patio, making it ideal for continued hospitality use or a variety of business concepts. With a gross income of $175,000, a net operating income (NOI) exceeding $140,000, and annual operating expenses under $30,000, this property presents an exceptional investment opportunity. The building is fully occupied and operates independently, offering a highly passive income stream that can also be easily managed in-house if desired. Flexible ownership options allow you to purchase with the business or simply as a landlord, as one of the sellers is willing to continue operations. Don't miss this rare, turnkey investment in one of Hamilton's most sought-after locations.
| MLS # | X12991108 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 133 |
| Listing Provided By | ROYAL LEPAGE WEST REALTY GROUP LTD. | X12991108 597500 |
| Bath(s) | 7 |
|---|---|
| SQ Feet | 5,079 |
| Acreage | 0.12 |
| Cooling | No |
|---|
| Community Features | Public Transit, Recreation/Community Centre |
|---|---|
| Security Features | No |
| Utilities | Yes |
|---|
| Tax Annual Amount | 12117.17 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8N 2C6 |
| Area | Corktown |
| Listing VS Median (in L8N 2C6) | |
Price: $1 low | high Med: $1 sqft: 5,079 low | high Med: 5,079 $ / sqft: $0 low | high Med: $0 On site: 133 low | high Med: 133 | |
| Province | ON |
|---|---|
| Region | Hamilton |
| City | Hamilton |
| Postal Code | L8N 2C6 |
| Area | Corktown |
| Listing VS Median (in L8N 2C6) | |
Price: $1 low | high Med: $1 sqft: 5,079 low | high Med: 5,079 $ / sqft: $0 low | high Med: $0 On site: 133 low | high Med: 133 | |