50
$799,900
51 Augusta Street, Hamilton, ON L8N 1P8
Central
4 ba
2,118 sf
2 weeks on marketMLS® X14087456
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.
1 / 5
For saleMLS® X12928640
201 James Street N, Hamilton, ON L8R 2L2
Central · L8R 2L2
$999,000
$400 / sq ft7 months on market
- Total area
- 2,500 sf
- Lot
- 20.59 × 123.57 ft
What's special
- Yes
About this property
Prime investment opportunity located in the heart of downtown Hamilton. This standalone mixed-use property is situated near the GO Station and all local amenities. It features a well-established restaurant space with a 40-year history, previously called Gate of India, currently leased to a new owner. The property offers strong cash flow and a favorable cap rate and includes a full basement along with two dedicated owner parking spaces at the rear. This property presents an outstanding opportunity for investors or business owners seeking income, flexibility, and long-term upside. Also, there is potential to build a high rise in the future. The buyer has to do their own due diligence for tax, sq ft, and zoning. Please do not go direct.
Property details
Property
- Property type
- retail
- Interior size
- 2,500 sq ft
- Lot size
- 20.59 × 123.57 ft
- Zoning
- Central
- Possession
- TBD
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Other
Costs
- List price
- $999,000
- Property taxes
- $13,610 / year (2025)
- Price per sq ft
- $400
Listing
- MLS® number
- X12928640
- Status
- For sale
- Listed
- March 27, 2026
- Days on market
- 223
- Last updated
- April 17, 2026
- Listing brokerage
- RIGHT AT HOME REALTY
Price & sale history
This property's sale history is hidden
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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 60% of comparable retail listings in Central are asking less.
$333KMedian $774K$3.99M
- This home
- $400 / sq ft
- Comparable median
- $436 / sq ft
Based on 10 comparable active retail listings in Central. These are asking prices, not sale prices.
Mortgage estimate
Down payment7.5% · minimum $74,900
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $5,109.51
- Property tax (est.)
- $1,134.17
- Estimated monthly
- $6,244
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
- $16,455
- Total due on closing
- $16,455
An estimate on the asking price of $999,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RIGHT AT HOME 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.
Unlock nearby sold pricesFree. Takes about twenty seconds.
Similar properties nearby
25
$999,999
96 George Street, Hamilton, ON L8P 1E2
Central
2,350 sf
3 weeks on marketMLS® X14032616
Listing courtesy of BLAIR BLANCHARD STAPLETON LIMITED