For sale 50$499,900
1523 Main Street East
Hamilton, Ontario L8K1E4
For sale· Added
About this home
An exceptional mixed-use investment opportunity, this high-yield commercial asset combines immediate cash flow, revenue diversification, and long-term capital appreciation. Positioned directly on the proposed Light Rail Transit (LRT) corridor, the property is anchored by a popular neighborhood pub featuring an inviting outdoor patio that serves as a major revenue driver during warmer months. Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator. At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion. The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking. Backed by flexible multi-use zoning and a prime transit-oriented location, this versatile asset delivers strong holding income today alongside significant future redevelopment upside.
Location
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Property details
Listing
- MLS® number
- 40859979
- Added
- Sep 3, 2026 ()
- Updated
- Sep 24, 2026 ()
- Info refreshed
Overview
- Property type
- Other
- Building type
- Residential Commercial Mix
- Storeys
- 2
- Ownership
- Freehold
Inside
- Fireplace
- No
- Features
- Southern exposure
Building
- Basement
- Full
- Exterior
- Brick
- Parking
- Attached Garage · 6 spaces
- Security
- Security system
Land
- Frontage
- 32 ft
- Lot area
- 0.07 acres
- Zoning
- TOC1
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Electricity
Location
- Community
- Homeside
- Cross streets
- NE corner of Main St E and Tragina Ave N
- Nearby
- High Traffic Area
Running costs
- Annual property tax
- $8,019
Price history
| Sep 24, 2026 | $499,900 | ▼ $100,000 |
| Sep 6, 2026 | $599,900 | First recorded price |
Price changes since Sep 6, 2026.
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