Situated on one of Hamiltons most coveted streets, this turn-key building on Ottawa Street North is primed for new ownership. Known for its vibrant mix of cafes, markets, and boutique shops, this iconic street draws a steady stream of foot traffic and is rapidly becoming one of Hamiltons premier cultural and commercial destinations. The property is anchored by a long-term, reliable tenant on a robust triple-net lease, offering the new owner the advantage of immediate, consistent rental income with minimal management involvement. The building itself has been meticulously renovated with over $700K in high-quality upgrades, featuring modern finishes and top-notch improvements throughout. With the ongoing development and rising popularity of Ottawa Street North, this investment holds significant long-term potential. Beyond the immediate rental income, there are ample opportunities for substantial future appreciation. Don't miss your chance to invest in one of Hamiltons most dynamic and growing neighbourhoods.
MLS# | 40638815 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 50 |
Listing Provided By | Sotheby's International Realty Canada, Brokerage | Len Quattrociocchi |
SQ Feet | 3,820 |
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Basement | Y |
Story(s) | 2 |
Zoning | C5a |
Province | ON |
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County | Hamilton |
City | Hamilton |
Postal Code | L8H 3Z4 |
Area | 20 Hamilton Centre |
Subarea | 201 Crown Point |
Community Name | 201 Crown Point |
Listing VS Median (in 201 Crown Point) | |
Price: $1,299,900 low | high Med: $549,900 SqFt: 3,820 low | high Med: 1,599 $ / SqFt: $340 low | high Med: $344 On Site: 50 low | high Med: 34.000000 |