An exceptional mixed-use investment opportunity, this high-yield commercial asset combines immediate cash flow, revenue diversification, and long-term capital appreciation. Positioned directly on the proposed Light Rail Transit (LRT) corridor, the property is anchored by a popular neighborhood pub featuring an inviting outdoor patio that serves as a major revenue driver during warmer months. Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator. At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion. The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking. Backed by flexible multi-use zoning and a prime transit-oriented location, this versatile asset delivers strong holding income today alongside significant future redevelopment upside. (id:374)
| MLS # | X13750588 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 44 |
| Listing Provided By | REAL BROKER ONTARIO LTD. | ANA MARIN SUAREZ |
| SQ Feet | 1,998 |
|---|---|
| Zoning | TOC1 |
| Cooling | Partially air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Parking Features | Other |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 8019 |
|---|
| Province | ON |
|---|---|
| City | Hamilton (Homeside) |
| Postal Code | L8K1E4 |
| Listing VS Median (in L8K1E4) | |
Price: $499,900 low | high Med: $499,900 sqft: 1,998 low | high Med: 1,998 $ / sqft: $250 low | high Med: $250 On site: 44 low | high Med: 46 | |
| Province | ON |
|---|---|
| City | Hamilton (Homeside) |
| Postal Code | L8K1E4 |
| Listing VS Median (in L8K1E4) | |
Price: $499,900 low | high Med: $499,900 sqft: 1,998 low | high Med: 1,998 $ / sqft: $250 low | high Med: $250 On site: 44 low | high Med: 46 | |