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.Please do not go direct.
Details
MLS #
40814145
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Active
Days On Site
147
Listing Provided By
Right at Home Realty | Nowrin Tabassum
Features
SQ Feet
2,500
Basement
Y
Story(s)
1
Zoning
H
Acreage
0.06
Interior
Cooling Yes / No
No
Exterior
Lot Features
City Lot, High Traffic Area, Public Transit, Rail Access, Visual Exposure, Other
Utilities
Sewer
Sewer (Municipal)
Taxes
Tax Annual Amount
13610
Area Information
Province
ON
County
Hamilton
City
Hamilton
Postal Code
L8R 2L2
Area
10 Hamilton West
Subarea
101 Strathcona Central North
Community Name
101 Strathcona Central North
Listing VS Median (in 101 Strathcona Central North)
Price: $999,000
low | high
Med: $6,000
100% of Average
sqft: 2,500
low | high
Med: 4,168
16.72% of Average
$ / sqft: $400
low | high
Med: $1
100% of Average
On site: 147
low | high
Med: 15
100% of Average
Sourced by Back At You
MLS Number: 40814145
Nowrin Tabassum – nowrint@gmail.com
Right at Home Realty – (905) 637-1700
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