148 James Street S, Hamilton
A standout mixed-use investment in the heart of James Street South priced at a 6.4% cap rate. Fully leased, extensively improved, and exceptionally well located, 148 James Street South offers the rare combination of quality real estate, strong tenancy, diversified income, and low ongoing capital requirements. The property includes two beautifully built-out commercial spaces and three renovated residential apartments. The main floor is occupied by a thriving coffee shop, while the lower level is home to a successful fitness studio. Above are one studio, one one-bedroom, and one two-bedroom apartment. The building has undergone substantial improvements, including complete reconstruction of the residential suites and extensive upgrades to electrical, plumbing, and mechanical systems. With significant additional investment made by the commercial tenants, the property is now fully built out, fully occupied, and positioned as a highly desirable asset. Prominently located on James Street South in the Augusta Street restaurant district, the property is steps from St. Joseph’s Healthcare Hamilton, downtown amenities, and less than 300 metres from the Hamilton GO Centre. A compelling addition to any investment portfolio: strong fundamentals, significant capital investment, and excellent long-term value in one of Hamilton’s most established urban nodes. (id:1945)
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Property details for 148 James Street S, Hamilton
- Type
- Commercial
- Living Area
- 5,184 square feet
- Stories
- 2.5
- Basement
- Partial
- Exterior
- Stone
- Ownership
- Freehold
- Annual Taxes
- $14,279
Nearby Listings Stat
Estimated price and comparable properties near 148 James Street S
Active Listings
839
Min Price
$1
Max Price
$14,000,000
Avg Price
$792,826
Days on Market
63
days
Sold Listings
244
Min Sold Price
$19,000
Max Sold Price
$4,299,990
Avg Sold Price
$667,162
Days until Sold
72
days
Neighbourhood Census Data
Hamilton, Ontario
Population
549
Median Age
50.8
Median Income
$27,168
Dwelling Value
$274,550
Housing Tenure
Owners 8%
Renters 92%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.3
Pop. Density: 12,887.3/km²
Avg Shelter Cost: $1,158/mo
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 48.1%
English only: 90.8%
English and French: 9.2%
Neither: 0.9%
Median Household Income: $34,432
Median Employment Income: $23,552
Price History
Listed
October 20, 2026
by Corcoran Horizon Realty
Current Price
$1,599,000
-5.9% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,599,000 | $100,000 (-5.9%) |
| Oct 23, 2026 | $1,699,000 | Listed |
