1831 Main St W

About this Property

Exceptional income-producing mixed-use investment opportunity in Hamilton! This approximately 6,300 sq. ft. property features six residential units alongside commercial space, offering diversified income potential. The investment analysis projects $184,640 in annual gross income, $116,435 in annual net operating income (NOI), and an 8.32% capitalization rate. Further income potential includes an estimated $1,400 per month from a proposed basement rental unit, subject to applicable approvals, as well as an agreed $500 increase to the In Bloom commercial lease upon its May 2027 renewal. The property also offers 10 parking spaces, renovated residential apartments, and additional partial renovations in the basement. Conveniently located near public transit, parks, and local amenities, this property presents an attractive opportunity for investors seeking a mixed-use asset with diversified income streams and potential for increased returns.

Listing Details

MLS #

X14121000

Board

PROPTX

Market

ontario

Property Type

Store W/Apt/Office

Style

Store With Apt/Office

Year Built

51-99

Garage

None

Parking Spaces

10

Basement

Y

Heating

Other

Cooling

Y

Lot Size

55 × 135 ft

Annual Taxes

$17,848/yr

Listed By

Real Broker Ontario Ltd.

Listed On

October 27, 2026