For Sale - 116 Bay Street, Hamilton, Ontario

Est payment $1,921/mo
Views   1
Time on Jump  12 day
  • Prime mixed-use property in downtown Hamilton with flexible D4 zoning.
  • Great high-visibility location perfect for retail, office, or service tenants.
  • Multiple income streams with strong short-term rental demand.
  • Recent improvements ensure property is well-maintained and ready for use.
  • Walkable access to amenities and public transport, ideal for tenants.



Cash flow today, redevelopment tomorrow-prime mixed-use opportunity in downtown hamilton! High-exposure property with flexible d4 zoning, parking, and multiple income streams. 116 bay street north presents a strategic investment opportunity in hamilton's rapidly intensifying downtown urban growth centre. Positioned on a high-visibility corridor, this property is ideal for investors seeking stable income with long-term upside. Excellent exposure along bay street north supports retail, office, or service-based tenants, while the side elevation offers potential additional revenue through signage or advertising. Zoned d4 (downtown local commercial), permitting a wide range of uses including retail, restaurant, medical, personal services, and mixed-use residential-providing maximum flexibility for repositioning or redevelopment. Approximately $75,000 has been invested since october 2025 into key improvements including structural floor leveling, subfloor repair, masonry restoration (300+ bricks), drainage correction, duct/drain servicing, and general upgrades. Additional features include, owned furnace (2022), owned a/c (2025), owned hot water tank, and new nordic windows (2025) with warranty to 2050. Roof completed in 2012 and repaired in 2025. Currently configured residential with estimated rental potential of approximately $2,500/month. Strong short-term rental demand driven by proximity to the first ontario centre and surrounding amenities. Located in a walker's paradise (walk score 99), offering exceptional tenant appeal with walkable access to the west harbour go station, bayfront park, hess village, and the hamilton farmers' market. Includes parking for 2 vehicles with potential for 4-rare for the downtown core. A compelling opportunity to secure a versatile asset in one of ontario's fastest-growing urban nodes.
Listing IDX13075840
Address116 Bay Street
CityHamilton, Ontario
Price$399,999
StyleInvestment
Land Size1356.25
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm
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Listing Agency:  RE/MAX ABOUTOWNE REALTY CORP.

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116 Bay Street
Hamilton , Ontario
$399,999
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