1523 Main Street E, Hamilton
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. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 1523 Main Street E, Hamilton
- Type
- Commercial
- Living Area
- 1,998 square feet
- Lot Size
- Bldg=32.05 x 100 FT
- Parking
- Other
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Annual Taxes
- $8,019
Nearby Listings Stat
Estimated price and comparable properties near 1523 Main Street E
Active Listings
479
Min Price
$1
Max Price
$4,700,000
Avg Price
$692,570
Days on Market
59
days
Sold Listings
230
Min Sold Price
$1
Max Sold Price
$2,699,900
Avg Sold Price
$627,919
Days until Sold
61
days
Neighbourhood Census Data
Hamilton, Ontario
Population
463
Median Age
41.9
Median Income
$35,200
Dwelling Value
$250,234
Housing Tenure
Owners 80%
Renters 18%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 4,807.9/km²
Avg Shelter Cost: $1,023/mo
Owners with Mortgage: 65.7%
Owners Spending 30%+: 20%
Tenants Spending 30%+: 0%
English only: 94.6%
English and French: 5.4%
Neither: 2.2%
Median Household Income: $75,520
Median Employment Income: $36,800
Price History
Listed
September 7, 2026
by REAL BROKER ONTARIO LTD.
Current Price
$499,900
-16.7% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $499,900 | $100,000 (-16.7%) |
| Sep 24, 2026 | $599,900 | Listed |
