716 MAIN Street E, Hamilton, ON L8M 1K9
St. Clair · L8M 1K9
$1,100,000
$656 / sq ft2 weeks on market
- Total area
- 1,676 sf
- Lot
- 89.2 × 100.2 ft
What's special
- Yes
About this property
Here is a rare chance to own a freestanding retail building on a highly visible corner in Hamilton. Set at the southeast corner of Main Street East and St. Clair Avenue, this well-maintained, single-storey building offers 1,676 sq ft of main floor retail space plus approximately 1,200 sq ft of basement storage, all on a 0.20-acre lot with C2 zoning.Parking is a standout feature, with 15 on-site spaces making it easy for customers to come and go, an advantage few properties along Main Street East can offer. The space is purpose-built for restaurant use and features a functional layout, great natural light, two ground floor washrooms, furnace and central air, and LED and pot lighting throughout.The property is currently leased and generates a top line income of $6,000 per month, or $72,000 per year. With a single tenant in place, it offers a simple, low-maintenance investment that delivers reliable cash flow from day one.The setting supports long-term success, with established residential neighbourhoods on all sides delivering steady daily traffic, public transit along Main Street East and convenient access to Highway 403 and the QEW.Opportunities to secure a standalone building with this much parking in Hamilton do not come along often. Whether you are growing your portfolio or making your first commercial investment, 716 Main Street East is an opportunity worth a closer look.
Property details
Property
- Property type
- retail
- Interior size
- 1,676 sq ft
- Lot size
- 89.2 × 100.2 ft
- Zoning
- C2
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Closed · Gas
- Cooling
- Yes
Costs
- List price
- $1,100,000
- Property taxes
- $12,300 / year (2026)
- Price per sq ft
- $656
Listing
- MLS® number
- W14095340
- Status
- For sale
- Listed
- October 19, 2026
- Days on market
- 16
- Last updated
- October 22, 2026
- Listing brokerage
- KELLER WILLIAMS EDGE REALTY
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 67% of comparable retail listings in Hamilton are asking less.
- This home
- $656 / sq ft
- Comparable median
- $232 / sq ft
Based on 95 comparable active retail listings in Hamilton. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $5,612.11
- Property tax (est.)
- $1,025.00
- Estimated monthly
- $6,637
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $18,475
- Total due on closing
- $18,475
An estimate on the asking price of $1,100,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of KELLER WILLIAMS EDGE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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