155 Victoria Avenue
Landsdale / Hamilton, ON L8L 5E7
About This Property
Excellent opportunity to own a free-standing commercial/residential mixed-use property on a prime corner lot in a mature Hamilton neighborhood. Offering approximately 2,000 sq. ft., the property features multiple income opportunities, including a main-floor retail space currently operating as a convenience store with an attached 1-bedroom residential unit, a second-floor 3-bedroom apartment with a private entrance and estimated rental potential of approximately $2,400/month, and a basement with 1 bedroom and 1 bathroom. The property also benefits from a city-issued legal separate entrance, providing added flexibility and potential for additional permitted uses, subject to buyer verification. The convenience store has been owner-operated for approximately 12 years and has established a loyal neighborhood customer base. The existing business and clientele are included in the sale, offering immediate operating potential for an owner-operator or investor. The property's value is primarily in the real estate, with the business representing additional income and future upside. Suitable for investors, owner-operators, or buyers seeking a mixed-use property with residential rental income and long-term commercial potential. Rare opportunity to acquire a free-standing mixed-use building in an established Hamilton neighborhood.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13601908
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
Mortgage Estimate
Est. Monthly Payment
$3,564
/month · $583,920 mortgage
Amortization
Total Interest
$485,339
Total Cost
$1,069,259
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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