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.
Address
1439 Main Street E
List Price
$849,900
MLS® Status
New
Expiration Date
2026-07-31
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Hamilton
Sub-Area
Homeside
Bathrooms
1
Lot Depth
80
Lot Type
Lot
Lot Size Units
Feet
Lot Width
19.36
Parcel Number
172690006
Total Building Area
1400
Occupant Type
Tenant
Cross Street
Main & Kenilworth
MLS® Number
X12699224
Listing Brokerage
RARE REAL ESTATE
Basement
Yes
Postal Code
L8K 1C4
Posession Details
Flexible
Tax Amount
$6,593.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
UFFI
No
Garage Type
None
Tax Legal Description
PT LTS 7 & 8, PL 491 , AS IN CD64077 ; S/T & T/W C
Security Features
No