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.
Mixed-use investment opportunity in the heart of Hamilton's bustling Main Street corridor. This well-maintained building features 16Prime mixed-use investment opportunity along Hamilton's Main Street corridor. This well-maintained building features 18 residential units and 2 commercial spaces, including an operating laundromat and one vacant storefront. Several vacant residential units provide immediate value-add potential, allowing investors to set market rents from day one and significantly increase income. The laundromat offers steady cash flow and may be operated as-is or sold separately for added flexibility. Pride of ownership throughout with minimal deferred maintenance. Ideally positioned along the upcoming LRT route, supporting long-term appreciation and tenant demand. A rare chance to acquire a turnkey asset with both stability and upside. residential units ( comprised of one-bedrooms and bachelors) plus ground-floor commercial storefront, offering multiple income streams and strong rental demand. A turnkey asset with pride of ownership throughout, this property delivers stable cash flow, minimal maintenance concerns, and excellent upside potential through future rent growth. Ideally located steps to transit, shopping, and amenities, ensuring consistent tenancy. A rare chance to add a solid, income-producing building to your portfolio.
Property Details
Listing
MLS® number
X14100080
Status
For Sale
Listed
Oct 20, 2026
Last updated
Oct 23, 2026
Possession
Immediate
Building
Type
Commercial
Style
Investment
Approx. age
Not provided by brokerage
Approx. size
Not provided by brokerage
Basement
Not provided by brokerage
Lot
Frontage
49.33 ft
Depth
90.00 ft
Lot area
≈ 4,440 ft² (calculated)
View
Not provided by brokerage
Community
Stipley
Parking & utilities
Garage
None
Driveway
Not provided by brokerage
Heating
Electric Forced Air
Cooling
No
Water / sewer
Not provided by brokerage
Taxes
Property tax
$26,727 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
REAL BROKER ONTARIO LTD.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Heating: Electric Forced Air
Cooling: No
Exterior
Cross street: Main Street East & Prospect Street South
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
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$19,810/mo
Mortgage (principal + interest)$17,582
Property taxFrom listing: $26,727/yr$2,227
Minimum 20% ($940,000 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$940,000
Ontario land transfer taxProvincial brackets, no first-time refund$103,975
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$1,046,775
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.
