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148 James Street S

Durand, Hamilton, L8P 3A2

$1,599,000

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Listed today · MLS® X14098954

About this home

A standout mixed-use investment in the heart of James Street South priced at a 6.4% cap rate. Fully leased, extensively improved, and exceptionally well located, 148 James Street South offers the rare combination of quality real estate, strong tenancy, diversified income, and low ongoing capital requirements. The property includes two beautifully built-out commercial spaces and three renovated residential apartments. The main floor is occupied by a thriving coffee shop, while the lower level is home to a successful fitness studio. Above are one studio, one one-bedroom, and one two-bedroom apartment. The building has undergone substantial improvements, including complete reconstruction of the residential suites and extensive upgrades to electrical, plumbing, and mechanical systems. With significant additional investment made by the commercial tenants, the property is now fully built out, fully occupied, and positioned as a highly desirable asset. Prominently located on James Street South in the Augusta Street restaurant district, the property is steps from St. Joseph's Healthcare Hamilton, downtown amenities, and less than 300 metres from the Hamilton GO Centre. A compelling addition to any investment portfolio: strong fundamentals, significant capital investment, and excellent long-term value in one of Hamilton's most established urban nodes.

Details

Type
Investment
Age
100+ years
Lot
24.5 × 120 ft
Garage
None
Property tax
$14,279 (2026)
Neighbourhood
Durand
Municipality
Hamilton

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Partial
Utilities
Yes

Building and exterior

Age
100+
Building area
5,184 Square Feet

More

Possession
Flexible
Cross street
James St South & Augusta St

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Hamilton GO Centre3 min walk

Within a 10-minute walk: 16 grocery stores, 136 cafés and restaurants, 12 parks, 11 pharmacies. Nearest grocery: The Market On James South (50 m). Nearest park: Whitehern (250 m).

Schools nearby

Elementary

  • Central Junior Public School
    EQAO: Gr 3 reading 41%, math 48%    5 min walk
  • Queen Victoria Elementary School
    EQAO: Gr 6 reading 64%, math 14%    10 min walk
  • Dr. J. Edgar Davey Elementary School
    EQAO: Gr 6 reading 71%, math 14%    16 min walk
  • Queensdale School
    EQAO: Gr 6 reading 76%, math 39%    19 min walk

Secondary

  • St. Charles Adult & Continuing Education Centre - Downtown Campus Catholic3 min walk
  • Kanétskare Elementary School14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L8P

Owners / renters
31% / 69%
Median household income
$58,000
Average age
42
Children under 15
11%
Homes
19% detached, 53% high-rise
Commute by transit
16%
Population
24,773

Languages spoken most at home besides English: Mandarin 1.9%, Arabic 1.5%, Spanish 1%, Gujarati 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Hamilton police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 59 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (Hamilton Subdivision)100 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Corcoran Horizon Realty.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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