Situated on one of Hamiltons most coveted streets, this turn-key building on Ottawa Street North is primed for new ownership. Known for its vibrant mix of cafes, markets, and boutique shops, this iconic street draws a steady stream of foot traffic and is rapidly becoming one of Hamiltons premier cultural and commercial destinations. The property is anchored by a long-term, reliable tenant on a robust triple-net lease, offering the new owner the advantage of immediate, consistent rental income with minimal management involvement. The building itself has been meticulously renovated with over $700K in high-quality upgrades, featuring modern finishes and top-notch improvements throughout. With the ongoing development and rising popularity of Ottawa Street North, this investment holds significant long-term potential. Beyond the immediate rental income, there are ample opportunities for substantial future appreciation. Don't miss your chance to invest in one of Hamiltons most dynamic and growing neighbourhoods. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
16.83 x 124.33 ft
Listing Contract Date
2024-09-16
Location Description
North of Cannon St E on West side of Ottawa St N
Property Type
Retail
Transaction Type
For sale
Zoning Description
C5a - Mixed Use Medium Density
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Utility Water
Municipal water
Land
Total Size
16.87 x 124.36 FT
Size of Irregular Land
16.87 x 124.36 FT
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. 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.
