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About the Listing 384200 -
Welcome to a rare and secure investment opportunity in the heart of Hamilton's dynamic downtown east end! This fully leased mixed-use property features a stable residential unit above a retail storefront, both tenants paying all expenses (TMI, utilities), delivering a truly turnkey, cash-flowing asset. Located on Main St. E, the property enjoys excellent visibility and consistent foot traffic, with the upcoming LRT (Light Rail Transit) stop right in front, further enhancing accessibility and long-term value. With minimal landlord responsibilities, this property offers a hands-off, predictable income stream - ideal for investors seeking stability. The combined rental income generates $46,800/year, with a market cap rate of 5.5%, making this a low-risk, high-appeal asset in a growing market. Whether you're looking to expand your portfolio or acquire a safe, cash-flowing investment in Hamilton, this property represents a unique opportunity to benefit from the city's ongoing growth.
Interior Details
- Bedrooms: 0
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Yes
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $6,593
- Taxes w/Assessments: N/A
- Tax/Property ID: 172690006
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
1439 Main St E Hamilton, ON L8K 1C4
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