1523 Main Street E
Homeside, Hamilton, L8K 1E4
$499,900
Reduced $100,000 from $599,900
Listed 42 days ago · MLS® X13750588
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.
Details
- Type
- Store W Apt/Office
- Lot
- 32.05 × 100 ft
- Garage
- Other
- Property tax
- $8,019 (2025)
- Neighbourhood
- Homeside
- Municipality
- Hamilton
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Partial
- Utilities
- Available
Building and exterior
- Building area
- 1,998 Square Feet
More
- Possession
- TBA
- Cross street
- Tragina Ave N
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Walkable
- 🚆 Confederation GO3.6 km
Within a 10-minute walk: 1 grocery store, 10 cafés and restaurants, 3 parks, 3 pharmacies. Nearest grocery: Metro (1000 m). Nearest park: Montgomery Park (250 m).
Schools nearby
Elementary
- W. H. Ballard Public School
EQAO: Gr 6 reading 79%, math 38%5 min walk - A. M. Cunningham Junior Public School
EQAO: Gr 3 reading 68%, math 41%14 min walk - Viscount Montgomery Public School
EQAO: Gr 6 reading 88%, math 32%15 min walk - St. Eugene Catholic Elementary School Catholic
EQAO: Gr 6 reading 81%, math 45%16 min walk
Secondary
- Sir Winston Churchill Secondary School
EQAO: Gr 9 math 35%, literacy test 56%12 min walk - Sherwood Secondary School
EQAO: Gr 9 math 39%, literacy test 79%1.9 km
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 L8K
- Owners / renters
- 64% / 36%
- Median household income
- $75,000
- Average age
- 43
- Children under 15
- 15%
- Homes
- 52% detached, 23% high-rise
- Commute by transit
- 8%
- Population
- 32,598
Languages spoken most at home besides English: Serbian 2.3%, Spanish 1.2%, Polish 0.9%, Arabic 0.8%.
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 downtown Hamilton: 6 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
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 REAL BROKER ONTARIO LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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