Salehian.com 647-325-5000

201 James Street N

Central, Hamilton, L8R 2L2

$999,000

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Listed 207 days ago · MLS® X12928640

About this home

Prime investment opportunity located in the heart of downtown Hamilton. This standalone mixed-use property is situated near the GO Station and all local amenities. It features a well-established restaurant space with a 40-year history, previously called Gate of India, currently leased to a new owner. The property offers strong cash flow and a favorable cap rate and includes a full basement along with two dedicated owner parking spaces at the rear. This property presents an outstanding opportunity for investors or business owners seeking income, flexibility, and long-term upside. Also, there is potential to build a high rise in the future. The buyer has to do their own due diligence for tax, sq ft, and zoning. Please do not go direct.

Details

Type
Commercial Retail
Lot
20.59 × 123.57 ft
Garage
Other
Property tax
$13,610 (2025)
Neighbourhood
Central
Municipality
Hamilton

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Available

Building and exterior

Building area
2,500 Square Feet

More

Possession
TBD
Cross street
JAMES ST N & CANNON ST

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚆 West Harbour GO8 min walk

Within a 10-minute walk: 17 grocery stores, 145 cafés and restaurants, 12 parks, 10 pharmacies. Nearest grocery: Lola Latin Grocery (100 m). Nearest park: McLaren Park (300 m).

Schools nearby

Elementary

  • Dr. J. Edgar Davey Elementary School
    EQAO: Gr 6 reading 71%, math 14%    11 min walk
  • Hess Street Junior Public School
    EQAO: Gr 6 reading 66%, math 38%    12 min walk
  • Bennetto Elementary School
    EQAO: Gr 6 reading 64%, math 19%    13 min walk
  • St. Lawrence Catholic Elementary School Catholic
    EQAO: Gr 6 reading 81%, math 57%    16 min walk

Secondary

  • St. Charles Adult & Continuing Education Centre - Downtown Campus Catholic1.2 km
  • Kanétskare Elementary School1.6 km
  • Cathedral High School Catholic
    EQAO: Gr 9 math 43%, literacy test 64%    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 L8R

Owners / renters
32% / 68%
Median household income
$53,600
Average age
42
Children under 15
13%
Homes
19% detached, 50% high-rise
Commute by transit
17%
Population
11,651

Languages spoken most at home besides English: Somali 2.1%, Vietnamese 2.1%, Arabic 2%, Spanish 1.6%.

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): 58 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 RIGHT AT HOME REALTY.

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

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