Prime investment opportunity located in the heart of downtown Hamilton. This standalone mixed-use property is situated near the GO Station and all local amenities. It features a well-established restaurant space with a 40-year history, previously called Gate of India, currently leased to a new owner. The property offers strong cash flow and a favorable cap rate and includes a full basement along with two dedicated owner parking spaces at the rear. This property presents an outstanding opportunity for investors or business owners seeking income, flexibility, and long-term upside. Also, there is potential to build a high rise in the future. The buyer has to do their own due diligence for tax, sq ft, and zoning. Please do not go direct.
| MLS # | X12928640 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 155 |
| Listing Provided By | RIGHT AT HOME REALTY | X12928640 062215 |
| SQ Feet | 2,500 |
|---|---|
| Acreage | 0.06 |
| Cooling | Yes |
|---|
| Security Features | No |
|---|
| Utilities | Available |
|---|
| Tax Annual Amount | 13610 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8R 2L2 |
| Area | Central |
| Listing VS Median (in L8R 2L2) | |
Price: $999,000 low | high Med: $1,200,000 sqft: 2,500 low | high Med: 2,677 $ / sqft: $400 low | high Med: $448 On site: 155 low | high Med: 169 | |
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8R 2L2 |
| Area | Central |
| Listing VS Median (in L8R 2L2) | |
Price: $999,000 low | high Med: $1,200,000 sqft: 2,500 low | high Med: 2,677 $ / sqft: $400 low | high Med: $448 On site: 155 low | high Med: 169 | |