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$1,980,000
( $408.75Per Sq Foot )
 $10,629 est/mo Sourced by Back At You

71 Main Street E,Hamilton (Beasley), ON L8N1G2

Hamilton (Beasley), ON L8N1G2

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Description

Excellent investment opportunity in the core of Downtown Hamilton. Ideally located along the city's busiest street, offering strong exposure and easy access. Beside McMaster University Downtown Campus, Hamilton GO Centre, colleges, government offices, major banking centres, shopping, and hospitals. Surrounded by numerous newly built and under-construction condominium projects, it ensures strong and consistent demand. Situated in a high-demand area for business and redevelopment. Downtown Central Business zoning permits a wide range of uses. The ground floor is ideal for a takeout restaurant, entertainment use, or professional office. The second floor features several rooms with a kitchen and washroom, suitable for Airbnb or office use. The third and fourth floors have been newly renovated into multiple ensuites with shared kitchen, dining area and laundry facilities for each floor. Ideal for students or professionals. Every floor is separately metered for hydro and gas, allowing efficient utility management. The property is projected to generate approximately $180,000-$220,000 in annual revenue, offering strong cash flow with excellent value-add and redevelopment potential. A rare downtown income-producing opportunity! (id:13843)

Details

MLS #X12683802
Listing TypeFor Sale
StatusActive
Days On Site225
Listing Provided ByRE/MAX ATRIUM HOME REALTY | HELEN YAN

Features

SQ Feet4,844
ZoningD1 - Downtown Central Business D

Interior

CoolingFully air conditioned
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount20468.62

Area Information

ProvinceON
CityHamilton (Beasley)
Postal CodeL8N1G2
Listing VS Median (in L8N1G2)
Price:
$1,980,000
low | high
Med:
$1,500
100% of Average
sqft:
4,844
low | high
Med:
820
100% of Average
$ / sqft:
$409
low | high
Med:
$2
100% of Average
On site:
225
low | high
Med:
5
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Trevor Docherty

Trevor Docherty

Broker/Owner (705) 787-5060tdocherty@sutton.com
ProvinceON
CityHamilton (Beasley)
Postal CodeL8N1G2
Listing VS Median (in L8N1G2)
Price:
$1,980,000
low | high
Med:
$1,500
100% of Average
sqft:
4,844
low | high
Med:
820
100% of Average
$ / sqft:
$409
low | high
Med:
$2
100% of Average
On site:
225
low | high
Med:
5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.485M - $2.475M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
71 MAIN STREET E Property Photo 1
$1,488,000
71 Main Street E
Hamilton (huntington), ON L8N1G2
71 MAIN Street E Unit# 1 Property Photo 1
$1,500
71 Main Street E Unit# 1
Hamilton, ON L8N1G2
71 MAIN Street E Unit# 1 Property Photo 1
$1,200
71 Main Street E Unit# 1
Hamilton, ON L8N1G2
Listing Updated: August 18, 2026 at 9:12:23 AM PDT