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About the Listing 384201 -
Opportunity to acquire a mixed-use property in Hamilton's evolving downtown east end with both commercial and residential components in place. The main floor is leased to a commercial tenant on a 3-year term at $1,900/month + HST and additional expenses, while the upper residential unit is leased at $2,300/month + utilities on a 2-year term. The property is fully stabilized, and it offers immediate income with clear upside potential through lease optimization and future rent growth. Positioned along Main St. E, the asset benefits from strong visibility, steady traffic, and long-term appreciation drivers, including the planned LRT line directly along the corridor. Current income provides a solid foundation for investors looking to add value and increase returns over time. With both units tenanted and contributing to carrying costs, this is an ideal opportunity for investors seeking a mix of in-place cash flow and future upside in a rapidly developing pocket of Hamilton.
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Yes
- Heating: Gas Forced Air Open
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: None
- Parking Features: No Garage
Financial Details
- Tax Amount: $6,593
- Taxes w/Assessments: N/A
- Tax/Property ID: 172690006
- Tax Year: 2025
Payment Calculator
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Questions About..
1439 Main St E Hamilton, ON L8K 1C4
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