174 JOHN STREET S, Hamilton (Corktown)

2025-10-02
 

Quick Summary

Location
174 JOHN STREET S, Hamilton (Corktown), Ontario L8N2C6
Price
$1,988,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
5079 sqft
Bathrooms:
7

MLS®#X12441410

Property Description

Rare opportunity to own a prime mixed-use property in the heart of Hamilton, just a 2-minute walk to the GO station, schools, commercial towers, and a thriving residential community. This newly refurbished, four-story (C5-zoned) building offers a lot size of 34.55 ft x 66.00 ft, a total area of 4,582 sq. ft., and includes four residential units and one commercial unit. With a gross income of $170,856, a net operating income (NOI) of over $155,000, and operating expenses under $12,000 per year, this is an exceptional investment opportunity. One unit is currently vacant and available for the buyers use. Flexible ownership options allow you to purchase with the business or simply become a landlord, as one of the sellers is willing to continue operations. **EXTRAS** 2 water heaters, 1 commercial and 1 residential - both rented at $40.00 per month. Fire inspection done in 2024. Clean environmental 2024, Flat roof area done in 2023. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Recreation

Building

  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 5079 sqft
  • Building Type: Residential Commercial Mix
  • Utility Water: Municipal water

Land

  • Land Size: 66.13 x 34.62 FT

Zoning

  • Description: C5

Information entered by ROYAL LEPAGE WEST REALTY GROUP LTD.
Listing information last updated on: 2025-10-23 04:34:11


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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