208 Mary Street
Hamilton, ON L8L 4V8
About This Property
Welcome to a rare mixed-use redevelopment opportunity in Hamilton's Beasley neighbourhood, just steps to the downtown core. Recognized as a legal, conforming duplex, this property offers two spacious residential suites above a ground-floor commercial space previously operated as a convenience store. The commercial unit is approximately 1,660 sq. ft. and currently vacant and unfinished-an excellent blank canvas for your business vision or value-add plans, with the City of Hamilton indicating potential zoning changes that may permit residential use on the main floor in the near future (buyers are advised to verify permitted uses with the City directly). Upstairs, you'll find two fully renovated residential units featuring quartz countertops, luxury finishes, and massive open-concept living areas; one unit is vacant and ready for your tenant selection or personal use, while the other is tenanted, and both support strong market rents of $2,000+ per month, making this an outstanding opportunity for investors looking for immediate income with long-term upside. The Robert St upper unit also includes dedicated mini-split heat pumps on the unit's electrical panel, newly installed in 2024.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12613540
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.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$3,906
/month · $639,920 mortgage
Amortization
Total Interest
$531,885
Total Cost
$1,171,805
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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