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For saleMLS® X14109678

1520 Main Street W, Hamilton, ON L8S 1E3

Ainslie Wood · L8S 1E3

$6,400,000

$1,942 / sq ft

1 weeks on market

Total area
3,295 sf
Lot
100.33 × 100.33 ft

What's special

  • Yes

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About this property

Exceptional opportunity for developers, restaurateurs, and institutional investors to acquire a prime corner property along busy Main Street West in Hamilton, just one block from McMaster University.Situated in a high-traffic retail corridor surrounded by a strong student rental market, this freestanding building offers excellent visibility, a strategic location, and significant potential for future growth. The property is currently home to a successful breakfast restaurant that has been established for over 25 years offering an opportunity to acquire both the real estate and an established operating business. Potential opportunities may include continued restaurant operations, retail or service uses, mixed-use commercial/residential development, and student-oriented housing. The properties at 1516 Main St W and 2 Norfolk are also available for sale creating a larger development opportunity. Properties being marketed separately.

Property details

Property

Property type
retail
Interior size
3,295 sq ft
Lot size
100.33 × 100.33 ft
Zoning
TOC1
Possession
60 days

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$6,400,000
Property taxes
$34,000 / year (2026)
Price per sq ft
$1,942

Listing

MLS® number
X14109678
Status
For sale
Listed
October 23, 2026
Days on market
13
Last updated
October 23, 2026
Listing brokerage
ILISTREALESTATE 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 above most comparable listings — about 98% of comparable retail listings in Hamilton are asking less.

$750Median $800K$2.48M
This home
$1,942 / 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 payment20.0% · minimum $1,280,000
$1,280,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$28,309.36
Property tax (est.)
$2,833.33
Estimated monthly
$31,143

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
$146,475
Total due on closing
$146,475

An estimate on the asking price of $6,400,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ILISTREALESTATE 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.

$6,400,000

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