Commercial/Retail sold at 71 Main Street, Hamilton, Ontario, L8N 1G2 - Beasley - MLS: X12683802

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71 Main Street

Hamilton, Ontario, L8N 1G2 - Beasley

$1,980,000

Neighbourhood

Beasley
Major Intersection

Main St. & John St.

Listed Since: 277 day(s)
Last update: 97 day(s) ago

Overview

Property Type

Commercial/Retail, Retail
Bedrooms

n/a
Bathrooms

n/a
Basement

n/a
Kitchen

n/a
Total Parking

n/a
Lot Size

28.16x42.16 (Feet)
Taxes

$20,468.62 (2025)
Type

Commercial

Property Description

Property description for 71 Main Street, Hamilton

Excellent investment opportunity in the core of Downtown Hamilton. Ideally located along the city's busiest street, offering strong exposure and easy access. Beside McMaster University Downtown Campus, Hamilton GO Centre, colleges, government offices, major banking centres, shopping, and hospitals. Surrounded by numerous newly built and under-construction condominium projects, it ensures strong and consistent demand. Situated in a high-demand area for business and redevelopment. Downtown Central Business zoning permits a wide range of uses. The ground floor is ideal for a takeout restaurant, entertainment use, or professional office. The second floor features several rooms with a kitchen and washroom, suitable for Airbnb or office use. The third and fourth floors have been newly renovated into multiple ensuites with shared kitchen, dining area and laundry facilities for each floor. Ideal for students or professionals. Every floor is separately metered for hydro and gas, allowing efficient utility management. The property is projected to generate approximately $180,000-$220,000 in annual revenue, offering strong cash flow with excellent value-add and redevelopment potential. A rare downtown income-producing opportunity!

Listed by RE/MAX ATRIUM HOME REALTY

Property details

MLS #

X12683802
Sq. Ft

4844
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Street
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

X12683802
Sq. Ft

4844
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Street
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 71 Main Street, Hamilton

This property has been sold 8 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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