InvestmentFor Sale

38 Hess Street S, Hamilton, ON L8P 3N1

Hamilton, ON

SALE PRICE$1,599,900.00 / For Sale

About This Property

An extraordinary and rarely available opportunity to acquire a prominent 2.5-storey, multi-unit asset in the heart of Hamilton's most coveted entertainment enclave-Hess Village. This distinguished mixed-use property comprises a ground-floor commercial space, three well-proportioned residential suites, and an expansive, unspoiled lower level with full potential for additional residential conversion, subject to approvals. The offering is further enhanced by dedicated rear parking-an increasingly valuable feature in this high-demand urban setting. The current income profile includes a commercial tenancy generating approximately $5,000 per month, complemented by residential suites consisting of a studio at $775 per month and two one-bedroom-plus-den units at $1,400 per month each. All tenancies are significantly below prevailing market rates, presenting a compelling opportunity for strategic rental repositioning and long-term income growth. The property can be delivered with vacant possession, affording complete flexibility for investors, end-users, or those seeking a refined live-work environment tailored to their vision. Ideally situated just steps from the newly revitalized TD Coliseum, the asset benefits from consistent and elevated foot traffic driven by concerts, sporting events, and premier live performances. Surrounding establishments thrive during event cycles, underscoring the enduring strength and desirability of this location. A truly versatile and upscale investment opportunity-offering immediate income, substantial upside, and the ability to reposition or curate a bespoke mixed-use asset within one of Hamilton's most dynamic and evolving districts.

Building & Size

Building Area
3001 Square Feet
Property Sub-Type
Investment
Property Use
Apartment
Business Type
Apts - 2 To 5 Units
Freestanding
Yes

Location

Cross Street
Main St
Entry Direction
Main St
City
Hamilton
Neighbourhood
Central
County / Region
Hamilton
Province
ON
Postal Code
L8P 3N1
Country
CA

Lot

Lot Width (ft)
26.75
Lot Depth (ft)
124.5
Lot Type
Building

Interior & Systems

Heat Type
Gas Forced Air Open
Cooling
Yes
Basement
Yes
Utilities
Available
Sewer
Sanitary+Storm

Parking & Access

Garage Type
None

Lease & Financials

Transaction Type
For Sale
Occupant
Tenant
Possession
Flexible
Possession Details
Flexible
HST
In Addition To
Annual Tax (TMI)
$15,873.82
Tax Type
Annual
Tax Year
2025

Listing Info

MLS Status
Price Change
Contract Status
Available
Listed By
RE/MAX ESCARPMENT REALTY INC.
Board
Toronto Regional Real Estate Board
Showing Requirements
Showing System, List Salesperson
Listing Expiry
2026-11-27
InvestmentFor Sale

38 Hess Street S, Hamilton, ON L8P 3N1

Hamilton, ON

SALE PRICE$1,599,900.00 / For Sale

Quick Facts

Date Listed
April 25, 2026
Sale Price
$1,599,900.00 / For Sale
MLS®
X13044404
Share

Contact The Good Life Group™

✉  Email Us 📞  (905) 338-3737