208 MARY STREET, Hamilton (Beasley), Ontario, L8L4V8

Property Description

Welcome to a rare mixed-use redevelopment opportunity in Hamilton's Beasley neighbourhood, just steps to the downtown core. Recognized as a legal, conforming duplex, this property offers two spacious residential suites above a ground-floor commercial space previously operated as a convenience store. The commercial unit is approximately 1,660 sq. ft. and currently vacant and unfinished-an excellent blank canvas for your business vision or value-add plans, with the City of Hamilton indicating potential zoning changes that may permit residential use on the main floor in the near future (buyers are advised to verify permitted uses with the City directly). Upstairs, you'll find two fully renovated residential units featuring quartz countertops, luxury finishes, and massive open-concept living areas; one unit is vacant and ready for your tenant selection or personal use, while the other is tenanted, and both support strong market rents of $2,000+ per month, making this an outstanding opportunity for investors looking for immediate income with long-term upside. The Robert St upper unit also includes dedicated mini-split heat pumps on the unit's electrical panel, newly installed in 2024. (id:64974)

Quick Facts

• Property Type: Residential Commercial Mix
• Bedrooms: None
• Bathrooms: None
• Living Area: 3,642 sq ft (338.4 m²)
• Frontage: 37 ft (11.3 m)

Costs

• Annual Taxes: $5,187.20

Listing Provided by: REAL BROKER ONTARIO LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.