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$1,699,900
Ontario,Hamilton
For Sale Active
38 HESS Street S, Hamilton, Ontario L8P3N1
  • 3,001 Sqft
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Basic Details
Description

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. (id:62783)

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Basic Details
  • Property Type: Other
  • Listing Type: For Sale
  • Listing ID: 40820495
  • Price: $1,699,900
  • Square Footage: 3,001 Sqft
  • Status: Active
  • Property Sub Type: Other
  • Office Key: 284641
Features & Appliances
Features
  • Basement: Full
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Hamilton, 142 - Corktown, L8P3N1
  • Street: HESS
  • Street Number: 38
  • Street Suffix: Street
  • Longitude: W80° 7' 20''
  • Latitude: N43° 15' 28.1''
  • Street Dir Suffix: South
Additional Information
  • Water Source:
  • Community Features:
  • Lot Features:
  • Stories: 3.0
Financial
  • Tax Annual Amount: 15873.82
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Listing updated: 2026-06-13 10:15:46
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Listing Information
  • List Agent Key: 1525198
  • List Office Key: 284641
  • Modification Timestamp: 2026-06-02T16:56:47Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-06-02T16:42:13Z
Powered by REALTOR.ca
Listing updated: 2026-06-13 10:15:46
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