71 MAIN STREET E, Hamilton (Beasley), Ontario L8N1G2

71 MAIN STREET E
1 / 19

Excellent investment opportunity in the core of Downtown Hamilton. Ideally located along the city's busiest street, offering strong exposure and easy access. Beside McMaster University Downtown Campus, Hamilton GO Centre, colleges, government offices, major banking centres, shopping, and hospitals. Surrounded by numerous newly built and under-construction condominium projects, it ensures strong and consistent demand. Situated in a high-demand area for business and redevelopment. Downtown Central Business zoning permits a wide range of uses. The ground floor is ideal for a takeout restaurant, entertainment use, or professional office. The second floor features several rooms with a kitchen and washroom, suitable for Airbnb or office use. The third and fourth floors have been newly renovated into multiple ensuites with shared kitchen, dining area and laundry facilities for each floor. Ideal for students or professionals. Every floor is separately metered for hydro and gas, allowing efficient utility management. The property is projected to generate approximately $180,000-$220,000 in annual revenue, offering strong cash flow with excellent value-add and redevelopment potential. A rare downtown income-producing opportunity!

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

CoolingFully air conditioned
HeatingForced air, Natural gas
Living Area4844 sqft

Land & Location

City RegionBeasley
Frontage Length28.1 feet
Lot Size Dimensions28.16 x 42.16 FT

Listing & Financials

Listing OfficeRE/MAX ATRIUM HOME REALTY
Originating System NameToronto Regional Real Estate Board

Other Specifications

CountryCanada

For Sale

$1,980,000

71 MAIN STREET E, Hamilton (Beasley), Ontario L8N1G2

Beds

-

Baths

-

Living Area

4,844 sqft

Lot Size

-

Property Type

{"AvailabilityDate": null, "DocumentsAvailable": [], "LeaseAmount": null, "LeaseAmountFrequency": null, "BusinessType": [], "LeasePerUnit": null, "WaterBodyName": null, "PoolFeatures": [], "RoadSurfaceType": [], "CurrentUse": [], "PossibleUse": [], "AnchorsCoTenants": null, "Fencing": [], "OtherEquipment": [], "TotalActualRent": null, "ExistingLeaseType": [], "InternetEntireListingDisplayYN": true, "Inclusions": null, "CoListOfficeKey": null, "CoListOfficeKey2": null, "CoListOfficeKey3": null, "CoListAgentKey": null, "CoListAgentKey2": null, "CoListAgentKey3": null, "InternetAddressDisplayYN": true, "Directions": "Cross Streets: Main St. & John St. ** Directions: South.", "AboveGradeFinishedArea": null, "AboveGradeFinishedAreaUnits": null, "AboveGradeFinishedAreaSource": null, "AboveGradeFinishedAreaMinimum": null, "AboveGradeFinishedAreaMaximum": null, "BelowGradeFinishedArea": null, "BelowGradeFinishedAreaUnits": null, "BelowGradeFinishedAreaSource": null, "BelowGradeFinishedAreaMinimum": null, "BelowGradeFinishedAreaMaximum": null, "LivingAreaSource": null, "LivingAreaMinimum": null, "LivingAreaMaximum": null, "PropertyCondition": [], "Roof": [], "ConstructionMaterials": [], "BedroomsAboveGrade": null, "BedroomsBelowGrade": null, "Zoning": null, "ZoningDescription": "D1 - Downtown Central Business District", "TaxAnnualAmount": 20468.62, "TaxBlock": null, "TaxLot": null, "TaxYear": null, "IrrigationSource": [], "WaterSource": ["Municipal water"], "Sewer": [], "Electric": []}

Year Built

-

Listing IDX12683802

Location & Map

Similar Homes You May Like

71 MAIN STREET E, Hamilton (Beasley) | $1,980,000 | Lify.ca