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Renanza Realty
For sale

201 JAMES STREET N

Hamilton (Central), Ontario

MLS® X12928640

$999,000

Status
Active
Property type
Retail
MLS® number
X12928640
Bedrooms
Bathrooms
Year built

Listing description

Prime investment opportunity located in the heart of downtown Hamilton. This standalone mixed-use property is situated near the GO Station and all local amenities. It features a well-established restaurant space with a 40-year history, previously called Gate of India, currently leased to a new owner.

The property offers strong cash flow and a favorable cap rate and includes a full basement along with two dedicated owner parking spaces at the rear. This property presents an outstanding opportunity for investors or business owners seeking income, flexibility, and long-term upside. Also, there is potential to build a high rise in the future.

The buyer has to do their own due diligence for tax, sq ft, and zoning. Please do not go direct.

Property summary

MLS® number
X12928640
Property type
Retail
Square footage
2,500 sq ft
Land size
2500 acres
Annual property taxes
$13,610.00
Parking
2 spaces · Other
Days on market
155 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $999,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,648 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of a participating MLS® brokerage.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.