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    For Sale - 208 Mary Street, Hamilton, Ontario

    Est payment $3,121/mo
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    Views   1
    Time on Jump  4 day

    AI Summary *

    • Located in Beasley, just steps from downtown Hamilton.
    • Legal duplex with two renovated suites and commercial space.
    • Current income of approximately $54,600 annually from tenants.
    • Upper suites feature modern finishes and open-concept layouts.
    • Main floor offers redevelopment potential with city zoning changes.




    Exceptional investment and redevelopment opportunity in hamilton's beasley neighbourhood, just steps from the downtown core. Offering approximately 3,642 sq. Ft. Of total space, this legal, conforming duplex features two beautifully renovated residential suites above approximately 1,660 sq. Ft. Of main-floor commercial/storage space, offering strong existing income with significant future upside. The property generates approximately $54,600 in annual gross income, with both residential units tenanted and the main floor contributing an additional $1,000/month in storage income. The spacious upper suites feature quartz countertops, modern finishes and impressive open-concept living areas. For investors and developers, the main floor presents a compelling value-add opportunity: the city of hamilton has phase 2 of its mid-rise residential zones project before planning committee, proposing to extend mid-rise residential zoning to additional properties across the urban area and permit greater residential density as-of-right. Secure an income-producing property today while positioning for potential future conversion or redevelopment in one of central hamilton's evolving neighbourhoods. Buyer to complete their own due diligence regarding zoning, permitted uses and redevelopment potential.
    Listing IDX14091280
    Address208 Mary Street
    CityHamilton, Ontario
    Price$649,900
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Other

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    Listing Brokerage: REAL BROKER ONTARIO LTD.

    * 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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    208 Mary Street
    Hamilton , Ontario
    $649,900
    Get more info