76 Wentworth Street S,Hamilton, ON L8N2Y9
Hamilton, ON L8N2Y9
Description
Exceptional mixed-use investment opportunity in the heart of Hamilton. This beautifully updated property features separately metered commercial and residential spaces, immediate income from an established commercial tenant along with the opportunity to secure market rents on the vacant residential units. The leased commercial space provides stable cash flow, while the residential component includes a bright one-bedroom apartment and a well-designed studio suite, both featuring in-suite laundry and excellent leasing potential. Separate hydro meters help reduce operating expenses and simplify management, making this an attractive and efficient investment. An unfinished basement offers additional value-add potential and could be finished to create usable space, subject to buyer verification and any required approvals. Thoughtfully updated throughout, the property combines strong income-generating fundamentals with future upside. The commercial space enjoys excellent street exposure and visibility, while the residential units provide comfortable, modern living accommodations in a highly accessible location. Situated just steps from public transit and along the proposed future LRT corridor, this property is well positioned to benefit from ongoing neighbourhood growth and infrastructure investment. Conveniently located near downtown Hamilton, shopping, restaurants, schools, parks, and major transportation routes, it appeals to a wide range of both commercial and residential tenants. Whether you're expanding your investment portfolio or seeking a property with immediate income and leasing potential, 76 Wentworth Street South presents a rare opportunity to acquire a turnkey mixed-use asset in one of Hamilton's evolving and revitalizing neighbourhoods. *** Parking Spaces are available for rent for $75 a month across the street along with city permit parking in the area. (id:374)
Details
| MLS # | 40857208 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 70 |
| Listing Provided By | Keller Williams Complete Realty | Carrie Massey |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,905 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | H |
Interior
| Cooling | Central air conditioning, Wall unit, Ductless |
|---|---|
| Heating | Heat Pump, Forced air, Natural gas, Other |
| Appliances | Microwave, Microwave Built-in |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Visual exposure |
|---|---|
| Foundation Details | Stone |
Parking
| Parking Features | None |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 7505 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8N2Y9 |
| Community Name | 143 Stinson |
| Listing VS Median (in 143 Stinson) | |
Price: $799,000 low | high Med: $404,950 sqft: 1,905 low | high Med: 804 $ / sqft: $419 low | high Med: $504 On site: 70 low | high Med: 42.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8N2Y9 |
| Community Name | 143 Stinson |
| Listing VS Median (in 143 Stinson) | |
Price: $799,000 low | high Med: $404,950 sqft: 1,905 low | high Med: 804 $ / sqft: $419 low | high Med: $504 On site: 70 low | high Med: 42.5 | |
