148 James St S

Hamilton | Durand | L8P 3A2
  • 3471.0 sqft
  • 0 gar

$1,779,000

Est. Mtg $6,032 /mo
  • Days on market

    53

  • Status

    A

Listing Broker Sotheby's International Realty Canada, Brokerage
Since listed: 1 views

Home details

MLS #:

X11968119

Property type:
Investment
Style:
Taxes:
$13,203
Possession:
Flexible
Condo Fee:
Lot Size:
24.5 X 120.0
Zoning:
D2 - Dt Mixed Use - Pedestrian Focus
Use:
Heat:
Gas Forced Air Closd

Description


148 James St S, , Hamilton, Ontario is a Investment property in Hamilton and in the Durand community in the L8P 3A2 postal code


An exceptional investment opportunity, this mixed-use commercial building offers strong in-place cash flow with excellent future upside. Home to the incredibly popular and stylish Coffee Run Co. coffee shop, along with three beautiful residential apartments (1 studio, 1 one-bedroom, and 1 two-bedroom) and a second vacant commercial unit, this property offers a mix of steady income and potential for growth. Recently renovated from top to bottom, the building has been largely rebuilt and includes updated electrical, plumbing, and mechanical systems. The rear parking is conveniently accessible via the laneway; ideal for tenants. Situated in the heart of the vibrant Augusta restaurant district, the building boasts excellent visibility on James Street South. Surrounded by development, this prime location is just steps from St. Josephs Hospital and under 300 meters from the Hunter Street GO Train and Bus station. With only the basement unit vacant, the property is generating strong income, and significant upside potential remains as this area becomes an increasingly popular hospitality hub. The seller is open to negotiating favourable VTB financing terms with a strong offer. Don't miss your chance to own a prime property in Hamilton's rapidly growing core!.

Extras

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Payment calculator

$7132 monthly. In association with: TD Bank
%
  • Principal and Interest
    6032 /mo
  • Property Taxes
    $1100 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Luis Serrano, Realtor

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