$ 1,399,000
1831 Main Street W
1831 Main Street W, Hamilton, ON L8S1H6 Photo 1
41 Photos
1831 Main Street W, Hamilton, ON L8S1H6 Photo 2
1831 Main Street W, Hamilton, ON L8S1H6 Photo 3
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1831 Main Street W, Hamilton

Exceptional income-producing mixed-use investment opportunity in Hamilton! This approximately 6,300 sq. ft. property features six residential units alongside commercial space, offering diversified income potential. The investment analysis projects $184,640 in annual gross income, $116,435 in annual net operating income (NOI), and an 8.32% capitalization rate. Further income potential includes an estimated $1,400 per month from a proposed basement rental unit, subject to applicable approvals, as well as an agreed $500 increase to the In Bloom commercial lease upon its May 2027 renewal. The property also offers 10 parking spaces, renovated residential apartments, and additional partial renovations in the basement. Conveniently located near public transit, parks, and local amenities, this property presents an attractive opportunity for investors seeking a mixed-use asset with diversified income streams and potential for increased returns. (id:1945)
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Property details for 1831 Main Street W, Hamilton

Type
Commercial
Living Area
6,300 square feet
Lot Size
Bldg=55 x 135 FT
Heating
Other
Cooling
Fully air conditioned
Annual Taxes
$17,848 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 1831 Main Street W

Active Listings
147
Min Price
$29,000
Max Price
$6,400,000
Avg Price
$861,222
Days on Market
43
days
Sold Listings
74
Min Sold Price
$1
Max Sold Price
$5,880,000
Avg Sold Price
$996,402
Days until Sold
70
days

Neighbourhood Census Data

Hamilton, Ontario

Population
656
Median Age
32.6
Median Income
$23,629
Dwelling Value
$401,389

Housing Tenure

Owners 28%
Renters 70%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 3,308.1/km²
Avg Shelter Cost: $1,050/mo
Owners with Mortgage: 47.1%
Owners Spending 30%+: 22.2%
Tenants Spending 30%+: 44.2%
English only: 89.3%
English and French: 7.6%
Neither: 3.8%
Median Household Income: $45,696
Median Employment Income: $20,448

Price History

Listed
October 27, 2026
by Real Broker Ontario Ltd.
Current Price
$1,399,000
Type
Commercial
For Sale
1831 Main Street W

Contact Agent Get in touch about 1831 Main Street W, Hamilton

MARK LOEFFLER
Real Broker Ontario Ltd.

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Comparison of 1831 Main Street W, Hamilton, ON with Nearby Commercial Listings
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