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208 Mary ST Hamilton, ON L8L 4V8
3,642 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,642 sqft
Price per Sqft $178
Subdivision Beasley
MLS Listing ID X14091280
Annual Tax Amount $8,375
Tax Year 2026
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Hamilton
Area Hamilton
Zoning D/S-378
Interior
Cooling Yes
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Building
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