$849,900
Available - For Sale
Listing ID: X12699224
1439 Main Street East , Hamilton, L8K 1C4, Hamilton
| Welcome to a rare and secure investment opportunity in the heart of Hamilton's dynamic downtown east end! This fully leased mixed-use property features a stable residential unit above a retail storefront, both tenants paying all expenses (TMI, utilities), delivering a truly turnkey, cash-flowing asset. Located on Main St. E, the property enjoys excellent visibility and consistent foot traffic, with the upcoming LRT (Light Rail Transit) stop right in front, further enhancing accessibility and long-term value. With minimal landlord responsibilities, this property offers a hands-off, predictable income stream - ideal for investors seeking stability. The combined rental income generates $46,800/year, with a market cap rate of 5.5%, making this a low-risk, high-appeal asset in a growing market. Whether you're looking to expand your portfolio or acquire a safe, cash-flowing investment in Hamilton, this property represents a unique opportunity to benefit from the city's ongoing growth. |
| Price | $849,900 |
| Taxes: | $6593.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 1439 Main Street East , Hamilton, L8K 1C4, Hamilton |
| Postal Code: | L8K 1C4 |
| Province/State: | Hamilton |
| Legal Description: | PT LTS 7 & 8, PL 491 , AS IN CD64077 ; S |
| Directions/Cross Streets: | Main & Kenilworth |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Retail |
| Use: | Retail Store Related |
| Building Percentage: | F |
| Total Area: | 1400.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 1 |
| Rail: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| RARE REAL ESTATE |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Homeside |
| Tax: | $6,593 |
| Baths: | 1 |
| Fireplace: | N |
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