Commercial/Retail sold at 71 Main Street, Hamilton, Ontario, L8N 1G2 - Huntington - MLS: X13641002

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71 Main Street

Hamilton, Ontario, L8N 1G2 - Huntington

$1,488,000

Neighbourhood

Huntington
Major Intersection

Main St. & John St

Listed Since: 73 day(s)
Last update: 71 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

Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown HamiltonLocated in the vibrant core of Downtown Hamilton, this exceptional mixed-use investment property offers a rare opportunity to acquire a fully mixed-use commercial building with strong income potential and long-term redevelopment upside. Situated within the Downtown Central Business D1 Zone, the property is just minutes from McMaster University Downtown Campus Surrounded by government offices, financial institutions, hospitals, shopping, Hamilton GO Centre, and numerous new residential developments, this prime location continues to benefit from Hamilton's ongoing downtown revitalization and growing demand for rental accommodations.The ground floor features a prominent street-front commercial unit with excellent exposure, suitable for a wide variety of retail, restaurant, service, or professional office uses. The second floor offers multiple rooms that can accommodate office space, professional services, or value-add opportunities. The third and fourth floors have been extensively renovated and feature multiple private ensuite rooms with shared kitchen and laundry facilities, making them highly attractive to McMaster University students, young professionals, healthcare workers, and downtown employees.The building is separately metered by floor, providing efficient management and flexibility for ownership and leasing. With an estimated building area of approximately 4,816 sq. ft. as per bank appraisal and projected annual gross rental income of approximately $180,000 to $220,000, this property offers exceptional cash flow with significant future appreciation potential.Whether you are an investor seeking stable income, an owner-operator looking for a prime downtown location, or a developer recognizing the long-term value of Hamilton's continued revitalization, this is a unique opportunity not to be missed.

Listed by MASTER`S TRUST REALTY INC.

Property details

MLS #

X13641002
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 #

X13641002
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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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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