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$1,588,888
Hamilton
71 Main Street East, Hamilton (Beasley), Ontario, L8N1G2
This multi-family property in Hamilton is for sale offering roughly 3,575 sq ft of space. It has been on the market 13 days, fresher than the Hamilton average of 79 days.
Prime Mixed-Use Investment Opportunity! Welcome to 71 Main St E, a highly versatile and exceptional mixed-use commercial and residential property perfectly situated directly in the heart of downtown Hamilton. Offering a dynamic blend of potential commercial space and residential accommodation, this standout building presents an incredible turn-key opportunity for savvy investors, business owners, and developers alike. Positioned in a high-visibility urban core, the property enjoys seamless access to major bus routes, key transit lines, and a comprehensive array of downtown amenities including; thriving retail, popular dining, banking, and professional services. The versatile layout and flexible structure support a broad range of business applications and potential revenue streams, making it ideally suited for retail storefronts, professional office suites, hospitality ventures, or residential income units. Whether you are looking to expand a growing investment portfolio, establish a central footprint for your enterprise, or capitalize on Hamilton's rapidly growing downtown market, 71 Main St E delivers unmatched position, potential, and long-term value. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 13 days on market, against an average age of 79 days across the listings currently for sale in this city
This multi-family in Hamilton (Beasley) has been listed for 13 days, which is 66 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 $1,588,888, about 29.0× the local median household income of $54,800.
Carrying it typically needs a household income of about $310,365 (20% down, 25-yr amortization, stress-tested) — roughly 466% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8N)
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Loading rates, 30-yr amortization
Cash Needed to Close
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