7,116 sqft
$1,799,900
An exceptional turn-key investment opportunity situated on a prominent, high-visibility corner in one of Hamilton’s most established commercial corridors. Spanning over 7,100 total square feet, this fully tenanted, mixed-use asset features over 2,500 square feet of ground-floor retail across two active commercial units, complemented by six residential apartments above. The property offers immediate, diversified cash flow with compelling value-add upside through future unit turnover and rental growth in a proven urban market. Positioned at the gateway to a bustling neighborhood retail strip and supported by the surrounding Crown Point East and Delta residential communities, the location enjoys strong pedestrian activity and key east-west transit connectivity via Cannon Street East. Ongoing local reinvestment, streetscape improvements, and residential intensification continue to strengthen the long-term appeal of this premier asset. Perfectly suited for private investors seeking stable income paired with potential for enhanced returns. (id:56248)
Property Details
|
MLS® Number
|
40848197 |
|
Property Type
|
Other |
|
Amenities Near By
|
Public Transit, Schools |
|
Community Features
|
High Traffic Area |
Building
|
Basement Type
|
None |
|
Stories Total
|
2 |
|
Size Exterior
|
7116.0000 |
|
Size Interior
|
7,116 Sqft |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
54 Ft |
|
Size Frontage
|
50 Ft |
|
Size Irregular
|
0.06 |
|
Size Total
|
0.06 Ac|under 1/2 Acre |
|
Size Total Text
|
0.06 Ac|under 1/2 Acre |
|
Zoning Description
|
C5a |
https://www.realtor.ca/real-estate/30127847/182-ottawa-street-n-hamilton