Scout N Secure

$499,900

Map

1523 Main Street East

Hamilton, Ontario L8K1E4

For sale· Added

1,998 sqft

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

Map data © OpenStreetMap contributors

Upcoming open housesSee all Hamilton open houses

No open houses are scheduled for this home.

Can't make it? Request a private viewing.

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$599,900First recorded price

Price changes since Sep 6, 2026.

Ask about this home

$499,900
1523 Main Street East
Request a viewing

Similar homes in Hamilton