



$2,499,900
Hamilton
182 Ottawa Street North, Hamilton (Crown Point), Ontario, L8H3Z5
This retail property in Hamilton is for sale offering roughly 7,116 sq ft of space. It has been on the market 55 days, fresher than the Hamilton average of 79 days.
An exceptional turn-key investment opportunity situated on a prominent, high-visibility corner in one of Hamilton's most established commercial corridors. Spanning over 7,100 total square feet, this fully tenanted, mixed-use asset features over 2,500 square feet of ground-floor retail across two active commercial units, complemented by six residential apartments above. The property offers immediate, diversified cash flow with compelling value-add upside through future unit turnover and rental growth in a proven urban market. Positioned at the gateway to a bustling neighborhood retail strip and supported by the surrounding Crown Point East and Delta residential communities, the location enjoys strong pedestrian activity and key east-west transit connectivity via Cannon Street East. Ongoing local reinvestment, streetscape improvements, and residential intensification continue to strengthen the long-term appeal of this premier asset. Perfectly suited for private investors seeking stable income paired with potential for enhanced returns. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 55 days on market, against an average age of 79 days across the listings currently for sale in this city
This retail in Hamilton (Crown Point) has been listed for 55 days, which is 24 days fresher than the city average of 79. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,499,900, about 35.7× the local median household income of $70,000.
Carrying it typically needs a household income of about $488,318 (20% down, 25-yr amortization, stress-tested) — roughly 598% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8H)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →