+14 more
0.05 ac
Lot
1900
Year Built
3
Parking
About This Property
This business in Hamilton offers a 0.05 ac lot. Built in 1900, 3 storeys. The property has lot dimensions of Bldg=1 x 1 FT, cross street Barton St E & Victoria Ave N, zoned Mixed Use. The home features forced air, natural gas heating, fully air conditioned.
MLS Remarks
This mixed-use property in the heart of Landsdale offers an exceptional 8.75% cap rate and a strong, reliable income stream from four residential units and a street-level commercial space currently occupied by a successful, well-established café. Located just steps from Hamilton General Hospital, the building benefits from steady foot traffic, high visibility, and consistent demand in a rapidly improving urban corridor. The residential units provide stable, year-round occupancy, while the thriving café adds long-term security and diversification to the income profile. Together, they create a balanced investment that performs well in any market. With transit, amenities, and neighbourhood services all within walking distance, this turnkey asset is ideally positioned for investors seeking dependable cash flow in a high-growth area. (id:60351)
Overview
Property Typecommercial
Sub-Typebusiness
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