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For saleMLS® X13750588

1523 Main Street E, Hamilton, ON L8K 1E4

Homeside · L8K 1E4

$499,900

$250 / sq ft

1 months on market

Total area
1,998 sf
Lot
32.05 × 100 ft

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About this property

An exceptional mixed-use investment opportunity, this high-yield commercial asset combines immediate cash flow, revenue diversification, and long-term capital appreciation. Positioned directly on the proposed Light Rail Transit (LRT) corridor, the property is anchored by a popular neighborhood pub featuring an inviting outdoor patio that serves as a major revenue driver during warmer months. Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator. At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion. The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking. Backed by flexible multi-use zoning and a prime transit-oriented location, this versatile asset delivers strong holding income today alongside significant future redevelopment upside.

Property details

Property

Property type
retail
Interior size
1,998 sq ft
Lot size
32.05 × 100 ft
Zoning
TOC1
Possession
TBA

Interior

Heating
Gas Forced Air Open
Cooling
Partial

Exterior & services

Garage
Other

Costs

List price
$499,900
Property taxes
$8,019 / year (2025)
Price per sq ft
$250

Listing

MLS® number
X13750588
Status
For sale
Listed
September 7, 2026
Days on market
59
Last updated
September 24, 2026
Listing brokerage
REAL BROKER ONTARIO LTD.

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 32% of comparable retail listings in Hamilton are asking less.

$750Median $800K$2.50M
This home
$250 / 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

Down payment5.0% · minimum $24,995
$24,995
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,625.83
Property tax (est.)
$668.25
Estimated monthly
$3,294

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
$6,473
Total due on closing
$6,473

An estimate on the asking price of $499,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REAL BROKER ONTARIO LTD.. 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.

$499,900

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