Mixed-use investment opportunity in the heart of Hamilton's bustling Main Street corridor. This well-maintained building features 16Prime mixed-use investment opportunity along Hamilton's Main Street corridor. This well-maintained building features 18 residential units and 2 commercial spaces, inclu...ding an operating laundromat and one vacant storefront. Several vacant residential units provide immediate value-add potential, allowing investors to set market rents from day one and significantly increase income. The laundromat offers steady cash flow and may be operated as-is or sold separately for added flexibility. Pride of ownership throughout with minimal deferred maintenance. Ideally positioned along the upcoming LRT route, supporting long-term appreciation and tenant demand. A rare chance to acquire a turnkey asset with both stability and upside. residential units ( comprised of one-bedrooms and bachelors) plus ground-floor commercial storefront, offering multiple income streams and strong rental demand. A turnkey asset with pride of ownership throughout, this property delivers stable cash flow, minimal maintenance concerns, and excellent upside potential through future rent growth. Ideally located steps to transit, shopping, and amenities, ensuring consistent tenancy. A rare chance to add a solid, income-producing building to your portfolio.
Full Property Details
General
Business Type
Apts - 13 To 20 Units
Total Area
10000.00 Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Apts - 13 To 20 Units
Total Area
10000.00 Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Electric Forced Air
Air Conditioning
No
Washrooms
0
Heating Fuel
Electric Forced Air
Air Conditioning
No
Exterior
Depth
90.0
Front
49.33
Lot Size
49 x 90.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C2
Depth
90.0
Front
49.33
Lot Size
49 x 90.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C2
Building Description
Home Type
Commercial
Subtype
Investment
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Investment
Water Supply
Municipal
Possession Date
No Data
Community
Community
Stipley
Community
Stipley
Taxes & Fees
Taxes
$26,727 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$26,727 /yr
Tax Year
2025
Occupancy
Tenant
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