
Hamilton, ON L8L 5E7
Excellent opportunity to own a free-standing commercial/residential property in a prime corner location within a mature residential neighborhood. This property is primarily valued for the real estate itself, with the existing convenience store business included as an added bonus and future upside opportunity. The property offers approximately 2,000 sq ft and features multiple potential income streams, including a main floor retail space with attached 1-bedroom unit, a spacious second-floor 3-bedroom apartment with private entry and the estimated rental potential of approximately $2,400/month, plus a basement with 1 bedroom and 1 bathroom. Property also benefits from a city-issued legal separate entrance, adding flexibility and excellent long-term value with potential for additional permitted uses subject to buyer verification. The convenience store has been owner-operated for approximately 12 years and has built a loyal neighborhood customer base. This creates a strong opportunity for a hands-on buyer to revitalize the business and unlock additional income potential. Existing business and clientele are included in the sale, but the true value lies in the free-standing mixed-use property itself. Ideal for owner-operators, investors, or buyers seeking a versatile property with residential income and future commercial upside. Rare opportunity to acquire a free-standing building with substantial potential in an established Hamilton neighborhood.
TRREB MLS® Attribution
MLS® X13232624
Listed by REAL ONE REALTY INC.
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.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,808
/month · $623,920 mortgage
Amortization
Total Interest
$518,586
Total Cost
$1,142,506
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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REAL ONE REALTY INC.