Corktown · L8N 1H3
$10,500,000
$432 / sq ft10 months on market
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Prime Central Hamilton Investment Opportunity! This established highly profiting 60-room hotel property sits on a generously sized lot within one of Hamilton's fastest-growing and most rapidly transforming urban corridors. Surrounded by active redevelopment, infrastructure improvements, and rising municipal and private investment, this location offers exceptional long-term upside and strong return potential. Hamilton continues to benefit from sustained population growth, enhanced transit connectivity, and increasing spill-over demand from the Greater Toronto Area. The property is strategically positioned near transit routes, hospitals, post-secondary institutions, and major commercial corridors, making it ideal for hospitality, residential, or mixed-use redevelopment. With the right vision, the site offers excellent flexibility for future conversion into condominium residences, purpose-built rental or mixed-use housing, assisted living or retirement residence, boutique 4-5 star hotel, or short-term accommodation supporting healthcare and education sectors. Offered under power of sale with a motivated timeline, this is an outstanding opportunity for developers, hotel operators, and institutional investors seeking exposure in one of Ontario's most active growth markets. Property is being sold "as-is, where-is."
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 100% of comparable business for sale listings in Hamilton are asking less.
Based on 72 comparable active business for sale listings in Hamilton. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $10,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CENTURY 21 GREEN REALTY INC.. 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.