$2,270,000
Hamilton
323 Upper Wentworth Street, Hamilton (Eastmount), Ontario, L9A4T2
This retail property in Hamilton is for sale offering roughly 8,786 sq ft of space. It has been on the market 28 days, fresher than the Hamilton average of 61 days.
PHARMACY AND DOCTOR'S OFFICE OPPORTUNITY IN A BUSY EAST MOUNTAIN LOCATION. Situated in Hamilton's sought-after East Mountain community, this high-exposure mixed-use investment property presents an excellent opportunity for investors and owner-operators. Prominently located on Upper Wentworth Street, just north of Concession Street, the two-storey building offers approximately 8,786 sq. ft. of gross floor area. The ground floor features approximately 4,200 sq. ft. of commercial space divided into three units, including an established dental clinic. The remaining commercial space offers an opportunity for complementary uses, such as a pharmacy and doctor's office, in a busy, highly visible location. The second level includes four residential apartments-three two-bedroom suites and one three-bedroom suite. All residential units have been completely remodeled, with new kitchens, stainless-steel appliances, new flooring and extensive upgrades throughout. Surrounded by established residential, commercial, institutional and recreational amenities, the property is close to shopping, schools, parks, public transit and Gage Park. The Sherman Cut provides convenient connectivity to Downtown Hamilton, while nearby access to the Lincoln M. Alexander Parkway and Highway 403 further enhances the location. An attractive power-of-sale purchase opportunity featuring a strategic Hamilton location, fully upgraded residential units, a versatile commercial layout and strong potential for rental income. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 28 days on market, against an average age of 61 days across the listings currently for sale in this city
This retail in Hamilton (Eastmount) has been listed for 28 days, which is 33 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,270,000, about 28.0× the local median household income of $81,000.
Carrying it typically needs a household income of about $443,410 (20% down, 25-yr amortization, stress-tested) — roughly 447% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9A)
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