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For saleMLS® X13236076

181 Main Street E, Hamilton, ON L8N 1H2

Corktown · L8N 1H2

$1,350,000

$551 / sq ft

5 months on market

Total area
2,449 sf
Lot
44.98 × 75.86 ft

What's special

  • Yes

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About this property

Prime Downtown Hamilton Commercial Opportunity with Exceptional Development Potential. Positioned in the heart of downtown Hamilton, this prominent commercial property presents a rare opportunity for investors, developers, and owner-operators alike. Currently operating as a successful restaurant, the property benefits from excellent visibility, strong pedestrian traffic, and a vibrant urban setting surrounded by residential, commercial, and entertainment amenities. The property's highly desirable Downtown Mixed Use (D3) zoning provides tremendous flexibility for future use and redevelopment. The D3 designation permits a broad range of high-density, pedestrian-oriented developments, including residential apartments, mixed-use buildings, office space, retail establishments, hotels, restaurants, entertainment venues, and a variety of commercial uses. Whether you're looking to operate a restaurant, establish a new business, expand your investment portfolio, or capitalize on Hamilton's ongoing downtown revitalization through redevelopment, this property offers outstanding potential. Located within one of the city's most dynamic growth corridors, it provides convenient access to public transit, major transportation routes, and a growing residential population. An exceptional opportunity to acquire a versatile downtown asset in one of Hamilton's most sought-after urban locations.

Property details

Property

Property type
retail
Interior size
2,449 sq ft
Lot size
44.98 × 75.86 ft
Zoning
D3
Possession
90+ Days

Interior

Heating
Other
Cooling
Yes

Costs

List price
$1,350,000
Property taxes
$19,966 / year (2026)
Price per sq ft
$551

Listing

MLS® number
X13236076
Status
For sale
Listed
June 3, 2026
Days on market
154
Last updated
June 3, 2026
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

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 71% of comparable retail listings in Hamilton are asking less.

$750Median $800K$2.50M
This home
$551 / sq ft
Comparable median
$238 / sq ft

Based on 96 comparable active retail listings in Hamilton. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $110,000
$110,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,856.17
Property tax (est.)
$1,663.80
Estimated monthly
$8,520

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
$23,475
Total due on closing
$23,475

An estimate on the asking price of $1,350,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ESCARPMENT 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.

$1,350,000

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Comparable sales nearby

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