$1,699,900
FOR SALE

Investment

Lot: 26.75 x 124.5 ft
2025 Taxes: $15,873.82

38 Hess St S
Hamilton, ON L8P 3N1 | Central

An extraordinary and rarely available opportunity to acquire a prominent 2.5-storey, multi-unit asset in the heart of Hamilton's most coveted entertainment enclave-Hess Village. This distinguished mixed-use property comprises a ground-floor commercial space, three well-proportioned residential suites, and an expansive, unspoiled lower level with full potential for additional residential conversion, subject to approvals. The offering is further enhanced by dedicated rear parking-an increasingly valuable feature in this high-demand urban setting. The current income profile includes a commercial tenancy generating approximately $5,000 per month, complemented by residential suites consisting of a studio at $775 per month and two one-bedroom-plus-den units at $1,400 per month each. All tenancies are significantly below prevailing market rates, presenting a compelling opportunity for strategic rental repositioning and long-term income growth. The property can be delivered with vacant possession, affording complete flexibility for investors, end-users, or those seeking a refined live-work environment tailored to their vision. Ideally situated just steps from the newly revitalized TD Coliseum, the asset benefits from consistent and elevated foot traffic driven by concerts, sporting events, and premier live performances. Surrounding establishments thrive during event cycles, underscoring the enduring strength and desirability of this location. A truly versatile and upscale investment opportunity-offering immediate income, substantial upside, and the ability to reposition or curate a bespoke mixed-use asset within one of Hamilton's most dynamic and evolving districts.
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Listed By RE/MAX ESCARPMENT REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13044404
Last Updated Apr 27, 2026
Property Summary
Property Type Investment

More like this:
Use Apts - 2 To 5 Units
PIN 171430056
Legal Description PT LT 4 G.S. TIFFANY SURVEY S/S GEORGE ST CITY OF HAMILTON; PT LT 5 G.S. TIFFANY SURVEY S/S GEORGE ST CITY OF HAMILTON; PT LT 6 G.S. TIFFANY SURVEY S/S GEORGE ST CITY OF HAMILTON (UNREGISTERED) BTN GEORGE ST, HESS ST, MAIN ST, QUEEN ST AS IN VM207798, EXCEPT THE EASEMENT THEREIN; CITY OF HAMILTON
Possession Date Flexible
Taxes (2025) $15,873.82
Directions/Cross Streets Main St
Neighbourhood Central
Area Hamilton
Price History

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Detailed Information
Freestanding Y
Lot 26.75 x 124.5 ft
Air Conditioning Yes
Basement Basement
Garage Type None
Heat Type Gas Forced Air Open
Sewers Sanitary+Storm

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