148 James Street S, Hamilton, ON L8P 3A2
Hamilton, ON L8P 3A2
About this property
A standout mixed-use investment in the heart of James Street South priced at a 6.4% cap rate. Fully leased, extensively improved, and exceptionally well located, 148 James Street South offers the rare combination of quality real estate, strong tenancy, diversified income, and low ongoing capital requirements. The property includes two beautifully built-out commercial spaces and three renovated residential apartments. The main floor is occupied by a thriving coffee shop, while the lower level is home to a successful fitness studio. Above are one studio, one one-bedroom, and one two-bedroom apartment. The building has undergone substantial improvements, including complete reconstruction of the residential suites and extensive upgrades to electrical, plumbing, and mechanical systems. With significant additional investment made by the commercial tenants, the property is now fully built out, fully occupied, and positioned as a highly desirable asset. Prominently located on James Street South in the Augusta Street restaurant district, the property is steps from St. Joseph's Healthcare Hamilton, downtown amenities, and less than 300 metres from the Hamilton GO Centre. A compelling addition to any investment portfolio: strong fundamentals, significant capital investment, and excellent long-term value in one of Hamilton's most established urban nodes.
Property facts & features
- Property type
- Investment
- MLS® number
- X14098954
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 5184
- Neighbourhood
- Not provided
- Postal code
- L8P 3A2
- Garage
- None
- Lot depth (source units)
- 120
- Annual property tax
- 14279
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,599,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Hamilton →Listing brokerage: Corcoran Horizon Realty. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14098954. Information deemed reliable but not guaranteed.