Exceptional income-producing mixed-use investment opportunity in Hamilton! This approximately 6,300 sq. ft. property features six residential units alongside commercial space, offering diversified income potential. The investment analysis projects $184,640 in annual gross income, $116,435 in annual ...net operating income (NOI), and an 8.32% capitalization rate. Further income potential includes an estimated $1,400 per month from a proposed basement rental unit, subject to applicable approvals, as well as an agreed $500 increase to the In Bloom commercial lease upon its May 2027 renewal. The property also offers 10 parking spaces, renovated residential apartments, and additional partial renovations in the basement. Conveniently located near public transit, parks, and local amenities, this property presents an attractive opportunity for investors seeking a mixed-use asset with diversified income streams and potential for increased returns.
Full Property Details
General
Business Type
-
Retail Area
1885.00 Sq Ft
Office Area
0.00 Sq Ft
Total Area
6300.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Retail Area
1885.00 Sq Ft
Office Area
0.00 Sq Ft
Total Area
6300.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Other
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Other
Air Conditioning
Yes
Exterior
Depth
135.0
Front
55.0
Lot Size
55 x 135.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C2
Depth
135.0
Front
55.0
Lot Size
55 x 135.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
C2
Building Description
Home Type
Commercial
Subtype
Store W Apt/Office
Year Built
51-99
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Store W Apt/Office
Year Built
51-99
Water Supply
Municipal
Possession Date
No Data
Community
Community
Ainslie Wood
Community
Ainslie Wood
Taxes & Fees
Taxes
$17,848.17 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$17,848.17 /yr
Tax Year
2026
Occupancy
Tenant
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