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    For Sale - 116 Bay Street, Hamilton, Ontario

    Est payment $2,684/mo
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    Views   1
    Time on Jump  5 day

    AI Summary *

    • 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.

    * Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    116 Bay Street
    Hamilton , Ontario
    $559,000
    Get more info