Central · L8R 2P4
$559,000
$412 / sq ft3 months on market
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High-Exposure Downtown Hamilton Commercial Opportunity with Flexible Downtown Local CommercialD4 Zoning. Ideal for retail, office, medical, or mixed-use with parking, visibility, and signage potential. Prime property on Bay Street North offering excellent visibility, steady traffic flow. Permitted uses include retail, restaurant, office, medical clinic, financial services, personal services, studio, tradesperson shop, and mixed-use residential Property benefits from strong street presence and exposure-ideal for businesses seeking visibility and accessibility. The building's side elevation may provide additional signage or third-party advertising income opportunities. Parking for 2 vehicles with potential to expand to 4. Rare downtown parking component enhances usability and tenant appeal $75K in upgrades since Oct.2025 including structural floor levelling, subfloor repair, masonry restoration (300+ bricks), drainage improvements, duct/drain servicing, and general updates. Furnace (2022), A/C (2025), owned HWT. New Nordic windows (2025, warranty to 2050). Roof (2012)repaired 2025. Located within Hamilton's Downtown Urban Growth Centre with ongoing intensification & strong growth outlook. Located in a Walker's Paradise (Walk Score 99) with consistent pedestrian traffic, steps to the TD Coliseum with high profile concerts and event, West Harbour GO Station, Bayfront Park ,and surrounded by restaurants, cafes, retail, and everyday services.
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This home is priced below most comparable listings — about 9% of comparable multi-unit / investment listings in Hamilton are asking less.
Based on 32 comparable active multi-unit / investment 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 $559,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP.. 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.