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For Sale · Hamilton · Other
$449,000
About This Home
Exceptional opportunity to own an affordable mixed-use commercial/residential property offering outstanding value, flexibility, and income potential. Ideally positioned with excellent exposure and walkability, this fully renovated building presents a rare chance for entrepreneurs, investors, or owner-occupiers seeking both business and residential space under one roof. The main floor features over 1,000 square feet of commercial retail/office space thoughtfully configured into three distinct rooms, allowing for a wide range of business uses. The rear room is fully soundproofed with a triple-glazed window and was formerly utilized as a professional recording studio, creating endless possibilities for creative, wellness, office, or specialty business ventures. The rear portion of the main floor previously functioned as a studio apartment, and plumbing remains in place in the basement, offering potential future flexibility for a new owner. Above, the bright and spacious residential unit can be accessed through its own private exterior entrance as well as from the interior of the building. This well-appointed apartment offers two bedrooms, a functional kitchen, and a 4-piece bathroom, creating an ideal opportunity for supplemental rental income or convenient owner occupancy - perfect to establish your business, expand your investment portfolio, or enjoy a live-work property. (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Location
Run The Numbers
Monthly mortgage payment
$2,100
$359,200 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$2,100
Cash flow
-$2,100
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Hamilton right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for Hamilton, from the Statistics Canada 2021 Census.
The immediate block around this home (right here): about 446 residents in 249 homes, 3,943 people/km² (urban).
Source: Statistics Canada 2021 Census, Hamilton, City, Ontario; block-level figures from dissemination area 35250472.
Schools
K-12 schools closest to this home, with straight-line distances.
Bennetto Elementary School
public · elementary
Southern Ontario Collegiate
independent · secondary
St. Lawrence Catholic Elementary School
catholic · elementary
Dr. J. Edgar Davey (New) Elementary Public School
public · elementary
Hess Street Junior Public School
public · elementary
Hamilton Downtown Islamic School
independent · elementary
Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.
Similar Homes
Rental Market
Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
Price on request / month
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5 bed · 2 bath