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1523 Main Street

Homeside / Hamilton, ON L8K 1E4

ActiveFor Sale
0 Beds
0 Baths
1,998 Sq Ft
Commercial

About This Property

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.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,998 sq ft
Bedrooms0
Bathrooms0
Postal CodeL8K 1E4
Last UpdatedSep 13, 2026 · 10:28 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13750588

Listed by REAL BROKER ONTARIO LTD.

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 trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$599,900

asking price

MLS®X13750588
TypeCommercial
CityHamilton
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,929

/month · $479,920 mortgage

Down Payment20% — $119,980
Interest Rate5.5%

Amortization

Total Interest

$398,897

Total Cost

$878,817

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

REAL BROKER ONTARIO LTD.