Situated on one of Hamiltons most coveted streets, this turn-key building on Ottawa Street North is primed for new ownership. Known for its vibrant mix of cafes, markets, and boutique shops, this iconic street draws a steady stream of foot traffic and is rapidly becoming one of Hamiltons premier cultural and commercial destinations. The property is anchored by a long-term, reliable tenant on a robust triple-net lease, offering the new owner the advantage of immediate, consistent rental income with minimal management involvement. The building itself has been meticulously renovated with over $700K in high-quality upgrades, featuring modern finishes and top-notch improvements throughout. With the ongoing development and rising popularity of Ottawa Street North, this investment holds significant long-term potential. Beyond the immediate rental income, there are ample opportunities for substantial future appreciation. Don't miss your chance to invest in one of Hamiltons most dynamic and growing neighbourhoods. |
Price | $1,299,900 |
Taxes: | $10248.17 |
Assessment: | $261000 |
Assessment Year: | 2016 |
Occupancy by: | Tenant |
Address: | 207 OTTAWA St North , Hamilton, L8H 3Z4, Ontario |
Postal Code: | L8H 3Z4 |
Province/State: | Ontario |
Legal Description: | PT LT 211, PL 463 , AS IN AB345355, S/T |
Lot Size: | 16.87 x 124.36 (Feet) |
Directions/Cross Streets: | North of Cannon St E on the West side of Ottawa St N |
Category: | With Property |
Total Area: | 3820.00 |
Total Area Code: | Sq Ft |
Area Influences: | Public Transit |
Elevator Lift: | None |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
Sotheby's International Realty Canada, Brokerage |
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Book Showing | Email a Friend |
Type: | Com - Sale Of Business |
Area: | Hamilton |
Municipality: | Hamilton |
Neighbourhood: | Crown Point |
Lot Size: | 16.87 x 124.36(Feet) |
Tax: | $10,248.17 |