$729,900Asking Price
Excellent opportunity to own a free-standing commercial/residential mixed-use property on a prime corner lot in a mature Hamilton neighborhood. Offering approximately 2,000 sq. ft., the property features multiple income opportunities, including a main-floor retail space currently operating as a convenience store with an attached 1-bedroom residential unit, a second-floor 3-bedroom apartment with a private entrance and estimated rental potential of approximately $2,400/month, and a basement with 1 bedroom and 1 bathroom. The property also benefits from a city-issued legal separate entrance, providing added flexibility and potential for additional permitted uses, subject to buyer verification. The convenience store has been owner-operated for approximately 12 years and has established a loyal neighborhood customer base. The existing business and clientele are included in the sale, offering immediate operating potential for an owner-operator or investor. The property's value is primarily in the real estate, with the business representing additional income and future upside. Suitable for investors, owner-operators, or buyers seeking a mixed-use property with residential rental income and long-term commercial potential. Rare opportunity to acquire a free-standing mixed-use building in an established Hamilton neighborhood.
Excellent opportunity to own a free-standing commercial/residential mixed-use property on a prime corner lot in a mature Hamilton neighborhood. Offering approximately 2,000 sq. ft., the property features multiple income opportunities, including a main-floor retail space currently operating as a convenience store with an attached 1-bedroom residential unit, a second-floor 3-bedroom apartment with a private entrance and estimated rental potential of approximately $2,400/month, and a basement with 1 bedroom and 1 bathroom. The property also benefits from a city-issued legal separate entrance, providing added flexibility and potential for additional permitted uses, subject to buyer verification. The convenience store has been owner-operated for approximately 12 years and has established a loyal neighborhood customer base. The existing business and clientele are included in the sale, offering immediate operating potential for an owner-operator or investor. The property's value is primarily in the real estate, with the business representing additional income and future upside. Suitable for investors, owner-operators, or buyers seeking a mixed-use property with residential rental income and long-term commercial potential. Rare opportunity to acquire a free-standing mixed-use building in an established Hamilton neighborhood.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 4-Piece Bathroom | ||||
| 1 2-Piece Bathroom | ||||
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Landsdale, Hamilton is a west GTA neighbourhood notable for its singles, renters and tradespeople. It has a higher than average population of immigrants, particularly those from Portugal, and Portuguese speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, youth aged 20 to 24 and adults aged 25 to 44, 25 to 44 and 25 to 44.
Kids Per Family
1.2
kids per family
in the neighbourhood.
58%
of residents are
single and loving it.
58% singles
Hamilton (46%)
62%
of residents
are renters.
62% renters
Hamilton (32%)
16%
of residents are
university grads.
16% university grads
Hamilton (28%)Average Household Income
$55K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Trades | 11% |
| Business | 6% |
| Manufacturing | 5% |
| Government | 5% |
29%
of residents were
born outside of Canada.
29% immigrants
Hamilton (25%)6.3% from Portugal
All-time
0.4% from Syria
Recent
Foreign Languages
| Portuguese | 7% |
| Vietnamese | 3% |
| Spanish | 2% |
| Italian | 2% |
| French | 2% |
Religions
| Christian | 68% |
| Muslim | 3% |
| Buddhist | 2% |