About This Property

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.

Building & Size

Building Area

2500 Square Feet

Retail Area

2000

Property Sub-Type

Commercial Retail

Property Use

Multi-Use

Freestanding

Yes

Location

Cross Street

JAMES ST N & CANNON ST

Entry Direction

Cannon North James St N

City

Hamilton

Neighbourhood

Central

County / Region

Hamilton

Province

ON

Postal Code

L8R 2L2

Country

CA

Lot

Lot Width (ft)

20.59

Lot Depth (ft)

123.57

Lot Type

Lot

Interior & Systems

Heat Type

Gas Forced Air Open

Cooling

Yes

Security

No

Utilities

Available

Parking & Access

Garage Type

Other

Parking Spaces

2

Lease & Financials

Transaction Type

For Sale

Occupant

Tenant

Possession

Flexible

Possession Details

TBD

HST

In Addition To

Annual Tax (TMI)

$13,610.00

Tax Type

Annual

Tax Year

2025

Listing Info

MLS Status

New

Contract Status

Available

Listed By

RIGHT AT HOME REALTY

Board

Toronto Regional Real Estate Board

Showing Requirements

List Salesperson

Listing Expiry

2026-12-31

Assessment Year

2026