$1
Available - For Sale
Listing ID: X12991108
174 John Street South , Hamilton, L8N 2C6, Hamilton


Rare opportunity to own a prime mixed-use property in the heart of Hamilton, ideally situated at the corner of John St S and Augusta St, just a 2-minute walk to the GO Station, schools, commercial towers, and a thriving residential community. This newly refurbished four-storey offers a total of 4,582 sq. ft. It includes four residential units and one commercial unit. The residential suites are spacious and full of character, including one impressive two-storey loft. The commercial unit features a fully operational kitchen, bar, and a fully licensed patio, making it ideal for continued hospitality use or a variety of business concepts. With a gross income of $175,000, a net operating income (NOI) exceeding $140,000, and annual operating expenses under $30,000, this property presents an exceptional investment opportunity. The building is fully occupied and operates independently, offering a highly passive income stream that can also be easily managed in-house if desired. Flexible ownership options allow you to purchase with the business or simply as a landlord, as one of the sellers is willing to continue operations. Don't miss this rare, turnkey investment in one of Hamilton's most sought-after locations. Contact us today for more details or to schedule a private showing.
Price $1
Taxes: $12117.17
Tax Type: Annual
Occupancy: Tenant
Address: 174 John Street South , Hamilton, L8N 2C6, Hamilton
Postal Code: L8N 2C6
Province/State: Hamilton
Directions/Cross Streets: John St S / Augusta
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 5079.00
Total Area Code:  Square Feet
Office/Appartment Area: 3015
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Recreation/Comm
Days Open: O
Sprinklers: No
Washrooms: 7
Heat Type: Baseboard
Central Air Conditioning: No
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE WEST REALTY GROUP LTD.
Personal Picture
Imran Gondal
Broker
Dir:
416-828-6614
Bus:
905-270-2000
Fax:
905-270-0047
 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Corktown
Style:
Lot Size: x 34.62(Feet)
Approximate Age:
Tax: $12,117.17
Maintenance Fee: $0
Beds: 0
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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