Welcome to this remarkable commercial retail located in the coveted neighborhood of Huntington. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,488,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown HamiltonLocated in the vibrant core of Downtown Hamilton, this exceptional mixed-use investment property offers a rare opportunity to acquire a fully mixed-use commercial building with strong income potential and long-term redevelopment upside. Situated within the Downtown Central Business D1 Zone, the property is just minutes from McMaster University Downtown Campus Surrounded by government offices, financial institutions, hospitals, shopping, Hamilton GO Centre, and numerous new residential developments, this prime location continues to benefit from Hamilton's ongoing downtown revitalization and growing demand for rental accommodations.The ground floor features a prominent street-front commercial unit with excellent exposure, suitable for a wide variety of retail, restaurant, service, or professional office uses. The second floor offers multiple rooms that can accommodate office space, professional services, or value-add opportunities. The third and fourth floors have been extensively renovated and feature multiple private ensuite rooms with shared kitchen and laundry facilities, making them highly attractive to McMaster University students, young professionals, healthcare workers, and downtown employees.The building is separately metered by floor, providing efficient management and flexibility for ownership and leasing. With an estimated building area of approximately 4,816 sq. ft. as per bank appraisal and projected annual gross rental income of approximately $180,000 to $220,000, this property offers exceptional cash flow with significant future appreciation potential.Whether you are an investor seeking stable income, an owner-operator looking for a prime downtown location, or a developer recognizing the long-term value of Hamilton's continued revitalization, this is a unique opportunity not to be missed.
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This commercial retail located at 71 Main Street, Hamilton is currently for sale and has been available on zoozaa for 29 days. This property is listed at $1,488,000 with an estimated mortgage of $4,953* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 71 Main Street, Hamilton is in the Huntington neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Huntington, Hamilton.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 71 Main Street, Hamilton, ON in Huntington, Hamilton is $1,488,000.
This property features null bedrooms and null bathrooms.
71 Main Street, Hamilton, ON is a Commercial Retail () featuring a basement.
Security features include: No.
Heating is provided via standard central heat and cooling via Yes.
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Huntington, Hamilton
16 assaults (123.1/100k)
9 B&E (69.2/100k)
13 thefts (100.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 71 Main Street E, Hamilton, ON L8N 1G2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Hamilton.
About Purchasing a Home in Hamilton, ON
For a property listed at $1,488,000 in Hamilton, the legal minimum down payment is $297,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,235 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $26,235.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Huntington, Hamilton.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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