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$ 849,900
Est. payment /mo
New
1439 Main ST E Hamilton, ON L8K 1C4
1 Bath
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Homeside
MLS Listing ID X12699224
Annual Tax Amount $6,593
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Welcome to a rare and secure investment opportunity in the heart of Hamilton's dynamic downtown east end! This fully leased mixed-use property features a stable residential unit above a retail storefront, both tenants paying all expenses (TMI, utilities), delivering a truly turnkey, cash-flowing asset. Located on Main St. E, the property enjoys excellent visibility and consistent foot traffic, with the upcoming LRT (Light Rail Transit) stop right in front, further enhancing accessibility and long-term value. With minimal landlord responsibilities, this property offers a hands-off, predictable income stream - ideal for investors seeking stability. The combined rental income generates $46,800/year, with a market cap rate of 5.5%, making this a low-risk, high-appeal asset in a growing market. Whether you're looking to expand your portfolio or acquire a safe, cash-flowing investment in Hamilton, this property represents a unique opportunity to benefit from the city's ongoing growth.
Location
Province ON
County Hamilton
Area Hamilton
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 19.36
Lot Depth 80.0
Others
Security Features No
ParcelsYN No
Listed by RARE REAL ESTATE