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:56248)
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
Interested?
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 03 2026 07:43:03
REALTORS® Association of Hamilton-Burlington
Real Broker Ontario Ltd.