Hamilton, ON L8L 2X4
This mixed-use property in the heart of Landsdale offers an exceptional 8.75% cap rate and a strong, reliable income stream from four residential units and a street-level commercial space currently occupied by a successful, well-established café. Located just steps from Hamilton General Hospital, the building benefits from steady foot traffic, high visibility, and consistent demand in a rapidly improving urban corridor. The residential units provide stable, year-round occupancy, while the thriving café adds long-term security and diversification to the income profile. Together, they create a balanced investment that performs well in any market. With transit, amenities, and neighbourhood services all within walking distance, this turnkey asset is ideally positioned for investors seeking dependable cash flow in a high-growth area.
TRREB MLS® Attribution
MLS® X13063824
Listed by RE/MAX ESCARPMENT GOLFI 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
$7,081
/month · $1,160,000 mortgage
Amortization
Total Interest
$964,162
Total Cost
$2,124,162
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX ESCARPMENT GOLFI REALTY INC.