1523 MAIN Street E
Homeside, Hamilton, L8K1E4
Listed by Real Broker Ontario Ltd.
$499,900
- 6 parking
- 1998 sq ft
Listed 48 days ago · MLS® 40859979
About this home
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:66966)
Details
- Type
- Other
- Size
- 1998 sq ft
- Basement
- Full
- Garage
- Garage
- Property tax
- $8,019
- Neighbourhood
- Homeside
- Municipality
- Hamilton
Interior
- Fireplace
- No
Heating, cooling and services
- Water and sewer
- Municipal sewage system
- Utilities
- Electricity
Building and exterior
- Outdoor
- Brick
- Building area
- 1,998 square feet
Parking
- Total parking
- 6
- Driveway and parking
- Attached Garage
Location
Location is approximate. See nearby homes on the map
Listed by Real Broker Ontario Ltd..
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
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