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$2,499,999
Hamilton
125 Gailmont Drive, Hamilton (Corman), Ontario, L8K4B8
This retail property in Hamilton is for sale. It has been on the market 19 days, fresher than the Hamilton average of 68 days.
Rare Investment Opportunity - Established Mixed-Use Retail Plaza in Hamilton's East End. A rare opportunity to acquire a highly visible, established mixed-use retail plaza in prime East Hamilton. Situated on a high-traffic arterial road with outstanding visibility, just one minute from the Red Hill Valley Parkway and directly on a major bus route, this property offers extreme retail exposure and unbeatable convenience for commuters and local shoppers alike.The plaza features 20+ on-site parking spaces plus ample free street parking. With main floor and lower-level units occupied primarily by long-term, solid tenants and nearly fully leased, the asset delivers stable, immediate cash flow from day one.Strong Upside Potential: Take advantage of Hamilton's ongoing growth with opportunities to expand the existing footprint or redevelop in height. Whether you're an investor seeking value-add or a developer looking for intensification, this is a compelling opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 19 days on market, against an average age of 68 days across the listings currently for sale in this city
This retail in Hamilton (Corman) has been listed for 19 days, which is 49 days fresher than the city average of 68. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,499,999, about 33.3× the local median household income of $75,000.
Carrying it typically needs a household income of about $488,337 (20% down, 25-yr amortization, stress-tested) — roughly 551% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8K)
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