1523 Main Street E, Hamilton, ON L8K 1E4
$499,900
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.
Property summary
Property
| Lot width | 32.05 |
| Lot depth | 100 |
Power & Services
| Heating type | Gas Forced Air Open |
| Utilities | Available |
Residential
| Garage | Other |
Zoning & Taxes
| Taxes / yr | $8,019 |
| Tax year | 2025 |
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Data provided by TRREB. Listed by REAL BROKER ONTARIO LTD..