Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
New Listing$1,599,000
( $308.45Per Sq Foot )
$8,584 est/mo Sourced by Back At You148 James Street S,Hamilton, ON L8P3A2
Hamilton, ON L8P3A2
Description
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. (id:13843)
Details
| MLS # | 40872464 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | Corcoran Horizon Realty | Martinus Dominicus Geleynse |
Features
| SQ Feet | 5,184 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | D2 - Downtown Mixed Use - Pedest |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Visual exposure, Paved driveway |
|---|---|
| Foundation Details | Stone |
Parking
| Parking Total | 4 |
|---|
Utilities
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 14279 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8P3A2 |
| Community Name | 122 Durand North |
| Listing VS Median (in 122 Durand North) | |
Price: $1,599,000 low | high Med: $279,394 sqft: 5,184 low | high Med: 877 $ / sqft: $308 low | high Med: $323 On site: 5 low | high Med: 29 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Hamilton |
| Postal Code | L8P3A2 |
| Community Name | 122 Durand North |
| Listing VS Median (in 122 Durand North) | |
Price: $1,599,000 low | high Med: $279,394 sqft: 5,184 low | high Med: 877 $ / sqft: $308 low | high Med: $323 On site: 5 low | high Med: 29 | |
Nearby Listings (Within 1/10 mile)
Price: $1.199M - $1.998M
sqft: 3,500 - 6,000
Listing Updated: October 20, 2026 at 11:05:02 AM PDT
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