For Sale - 116 Bay Street, Hamilton, Ontario

Est payment $2,684/mo
Views   2
Time on Jump  51 day
  • Prime mixed-use property in Hamilton's Downtown Urban Growth Centre.
  • Flexible D4 zoning allows for various retail and service uses.
  • Multiple income streams with strong rental potential around $2,500/month.
  • Located in a Walker's Paradise with easy access to amenities.
  • Property includes parking for 2 vehicles, with potential for 4.



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 firstontario 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 IDX13157150
Address116 Bay Street
CityHamilton, Ontario
Price$559,000
StyleCommercial Retail
Land Size1356.25
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary+Storm
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Listing Agency:  RE/MAX ABOUTOWNE REALTY CORP.

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116 Bay Street
Hamilton , Ontario
$559,000
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