The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional opportunity to own a fully renovated mixed-use Commercial/Residential (Zoned C2) building positioned on one of the busiest cornersin Hamilton on Upper James Street. This high-exposure property sits at the heart of the rapidly expanding Hamilton Mountain growth corridor,ensuring continued development, strong demand, and long-term value. Strategically located directly across from a major retail plaza anchoredby Walmart, Shoppers Drug Mart, and LCBO, the property benefits from constant vehicle and pedestrian traffic. Minutes to the Linc Parkway forquick highway access, and close to St. Joseph's Healthcare and Mohawk College, further driving consistent daily traffic. Originally constructed asa solid concrete bank building, the property has been extensively renovated and is in pristine condition. The versatile layout is well-suited for awide range of commercial uses (such as medical clinic, day care, office, retail, and restaurant to name a few) and features a fully finished lowerlevel, secondary entrance, and convenient rear parking. Additional revenue opportunity with an owned Trivision billboard on this high-visibilitycorner, generating steady advertising income. Zoned C2, allowing for potential future expansion up to 11m (36 ft) above the existing structure ,adding significant redevelopment upside. Full details available in the 3D virtual tour.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$7,100/mo
Mortgage (principal + interest)$5,982
Property taxFrom listing: $13,420/yr$1,118
Minimum 20% ($319,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$319,800
Ontario land transfer taxProvincial brackets, no first-time refund$28,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$351,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Hamilton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
