201 James Street N, Hamilton, ON L8R 2L2
$999,000
Prime investment opportunity located in the heart of downtown Hamilton. This standalone mixed-use property is situated near the GO Station and all local amenities. It features a well-established restaurant space with a 40-year history, previously called Gate of India, currently leased to a new owner. The property offers strong cash flow and a favorable cap rate and includes a full basement along with two dedicated owner parking spaces at the rear. This property presents an outstanding opportunity for investors or business owners seeking income, flexibility, and long-term upside. Also, there is potential to build a high rise in the future. The buyer has to do their own due diligence for tax, sq ft, and zoning. Please do not go direct.
Property summary
Property
| Lot width | 20.59 |
| Lot depth | 123.57 |
Power & Services
| Heating type | Gas Forced Air Open |
| Utilities | Available |
Residential
| Garage | Other |
Zoning & Taxes
| Taxes / yr | $13,610 |
| Tax year | 2025 |
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Data provided by TRREB. Listed by RIGHT AT HOME REALTY.