An exceptional mixed-use investment opportunity, this high-yield commercial asset combines immediate cash flow, revenue diversification, and long-term capital appreciation. Positioned directly on the proposed Light Rail Transit (LRT) corridor, the property is anchored by a popular neighborhood pub featuring an inviting outdoor patio that serves as a major revenue driver during warmer months. Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator. At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion. The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking. Backed by flexible multi-use zoning and a prime transit-oriented location, this versatile asset delivers strong holding income today alongside significant future redevelopment upside.
Data was last updated September 8, 2026 at 07:50 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,022,500
Min list price:
$350,000
Max list price:
$4,699,000
Avg days on market:
59
Min days on market:
5
Max days on market:
218
Avg price per sq.ft.:
$309.61
These statistics are generated based on the current listing's property type
and located in
23 - Hamilton East. Average values are
derived using median calculations. This data is not produced by
the MLS® system.