174 JOHN STREET S,Hamilton (Corktown),Ontario,L8N2C6
174 JOHN STREET S,Hamilton (Corktown),Ontario,L8N2C6
174 JOHN STREET S,Hamilton (Corktown),Ontario,L8N2C6
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. (id:63658)
| MLS® # | : | X12991108 |
| Listing price | : | $1 |
| Listed on | : | 26-04-2026 |
| Property subtype | : | For sale |
| Square footage | : | 5079 sqft |
| Year built | : | 0000 |
| Listing office | : | ROYAL LEPAGE WEST REALTY GROUP LTD. |
| Total bedrooms | : | 0 Bedrooms |
| Total bathrooms | : | 7 Bathrooms |
| Building type | : | |
| Parking | : |