Description

Listed by BLAIR BLANCHARD STAPLETON LIMITED

Ready-to-run mixed-use investment opportunity in the heart of Hamilton, just steps from Hamilton General Hospital! Offering a strong cap rate and fully leased income, this professionally rebuilt property was completely renovated in 2019 creating a handsome exterior and modern interiors in every unit. The upper two floors feature four beautiful, separately metered 1-bedroom residential units, providing stable, year-round rental income, while the street-level commercial space is occupied by an established restaurant operated by an experienced operator. A 3-car parking lot at the rear adds valuable convenience and further appeal. The property also features a full rooftop solar array for additional benefit. With exceptional visibility, high pedestrian traffic, transit, amenities, and major employment nearby, the low-maintenance asset offers an attractive combination of diversified income, quality construction, and long-term investment potential in one of Hamilton's rapidly improving urban corridors. This opportunity would be a great fit in an investment portfolio of any size.