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$1,450,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Landsdale
MLS Listing ID X13063824
Annual Tax Amount $9,676
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
This mixed-use property in the heart of Landsdale offers an exceptional 8.75% cap rate and a strong, reliable income stream from four residential units and a street-level commercial space currently occupied by a successful, well-established café. Located just steps from Hamilton General Hospital, the building benefits from steady foot traffic, high visibility, and consistent demand in a rapidly improving urban corridor. The residential units provide stable, year-round occupancy, while the thriving café adds long-term security and diversification to the income profile. Together, they create a balanced investment that performs well in any market. With transit, amenities, and neighbourhood services all within walking distance, this turnkey asset is ideally positioned for investors seeking dependable cash flow in a high-growth area.
Location
Province ON
County Hamilton
Area Hamilton
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 26.0
Lot Depth 78.0
Others
Security Features Yes
ParcelsYN No
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Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.
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