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$399,999
Ontario,Hamilton (Central)
For Sale Active
116 BAY STREET N, Hamilton (Central), Ontario L8R2P4
  • 1,356 Sqft
Next Open House
  • May 9 14:00 - 16:00
  • May 10 14:00 - 16:00
Basic Details
Description

Cash Flow Today, Redevelopment Tomorrow-Prime Mixed-Use Opportunity in Downtown Hamilton!High-exposure property with flexible D4 zoning, parking, and multiple income streams.116 Bay Street North presents a strategic investment opportunity in Hamilton’s rapidly intensifying Downtown Urban Growth Centre. Positioned on a high-visibility corridor, this property is ideal for investors seeking stable income with long-term upside. Excellent exposure along Bay Street North supports

retail, office, or service-based tenants, while the side elevation offers potential additional revenue through signage or advertising. Zoned D4 (Downtown Local Commercial), permitting a wide range of uses including retail, restaurant, office, medical, personal services, and mixed-use residential-providing maximum flexibility for repositioning or redevelopment. Approximately $75,000 has been invested since October 2025 into key improvements including structural floor leveling, subfloor repair, masonry restoration (300+ bricks), drainage correction, duct/drain servicing, and general upgrades. Additional features include, owned furnace (2022), owned A/C (2025), owned hot water tank, and new Nordic windows (2025) with warranty to 2050. Roof completed in 2012 and repaired in 2025.Currently configured residential with estimated rental potential of approximately $2,500/month. Strong short-term rental demand driven by proximity to the First Ontario Centre and surrounding amenities. Located in a Walker’s Paradise (Walk Score 99), offering exceptional tenant appeal with walkable access to the West Harbour GO Station, Bayfront Park, Hess Village, and the Hamilton Farmers’ Market. Includes parking for 2 vehicles with potential for 4-rare for the downtown core. A compelling opportunity to secure a versatile asset in one of Ontario’s fastest-growing urban nodes. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13075840
  • Price: $399,999
  • Square Footage: 1,356 Sqft
  • Status: Active
  • Property Sub Type: Office
  • Office Key: 286883
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Hamilton (Central), L8R2P4
  • Street: Bay
  • Street Number: 116
  • Street Suffix: Street
  • Longitude: W80° 7' 40.7''
  • Latitude: N43° 15' 41.8''
  • Street Dir Suffix: North
Additional Information
  • Water Source:
  • Business Type: Other
  • Lot Size Dimensions: 26 x 52.39 FT
Financial
  • Tax Annual Amount: 3473.3
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Listing updated: 2026-05-04 16:30:31
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Listing Information
  • List Agent Key: 2076866
  • List Office Key: 286883
  • Modification Timestamp: 2026-05-03T21:20:02Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-05-03T21:14:08Z
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Listing updated: 2026-05-04 16:30:32
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