1523 Main Street E Hamilton, Ontario L8K 1E4
$599,900
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. (id:62104)
Property Details
| MLS® Number | 40859979 |
| Property Type | Other |
| Amenities Near By | Hospital, Public Transit |
| Community Features | High Traffic Area |
| Equipment Type | Other |
| Features | Southern Exposure |
| Parking Space Total | 6 |
| Rental Equipment Type | Other |
Building
| Basement Type | Full |
| Exterior Finish | Brick |
| Fire Protection | Security System |
| Stories Total | 2 |
| Size Exterior | 1998.0000 |
| Size Interior | 1,998 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 32 Ft |
| Size Irregular | 0.07 |
| Size Total | 0.07 Ac|under 1/2 Acre |
| Size Total Text | 0.07 Ac|under 1/2 Acre |
| Zoning Description | Toc1 |
Utilities
| Electricity | Available |
https://www.realtor.ca/real-estate/30231888/1523-main-street-e-hamilton
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September 03 2026 07:43:03
REALTORS® Association of Hamilton-Burlington
Real Broker Ontario Ltd.