1831 Main Street W Hamilton, Ontario L8S 1H6
$1,399,000
Exceptional income-producing mixed-use investment opportunity in Hamilton! This approximately 6,300 sq. ft. property features six residential units alongside commercial space, offering diversified income potential. The investment analysis projects $184,640 in annual gross income, $116,435 in annual net operating income (NOI), and an 8.32% capitalization rate. Further income potential includes an estimated $1,400 per month from a proposed basement rental unit, subject to applicable approvals, as well as an agreed $500 increase to the In Bloom commercial lease upon its May 2027 renewal. The property also offers 10 parking spaces, renovated residential apartments, and additional partial renovations in the basement. Conveniently located near public transit, parks, and local amenities, this property presents an attractive opportunity for investors seeking a mixed-use asset with diversified income streams and potential for increased returns. (id:49269)
Business
| Name | Hungry Dude, In Bloom and Side Door |
Property Details
| MLS® Number | X14121000 |
| Property Type | Retail |
| Community Name | Ainslie Wood |
| Amenities Near By | Public Transit |
| Parking Space Total | 10 |
Building
| Age | 51 To 99 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Other |
| Size Exterior | 6300 Sqft |
| Size Interior | 6,300 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 135 Ft |
| Size Frontage | 55 Ft |
| Size Irregular | Bldg=55 X 135 Ft |
| Size Total Text | Bldg=55 X 135 Ft |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/30448549/1831-main-street-w-hamilton-ainslie-wood-ainslie-wood
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October 27 2026 05:24:23
The Oakville Milton & District Real Estate Board
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