125 GAILMONT DRIVE, Hamilton (Corman)

$2,599,999

For sale: Other

Other at 125 GAILMONT DRIVE, Hamilton (Corman)
Property type
Commercial Retail
MLS®
MLS® X13076232
Neighbourhood
Corman

Rare Investment Opportunity - Established Mixed-Use Retail Plaza in Hamilton's East End. A rare opportunity to acquire a highly visible, established mixed-use retail plaza in prime East Hamilton. Situated on a high-traffic arterial road with outstanding visibility, just one minute from the Red Hill Valley Parkway and directly on a major bus route, this property offers extreme retail exposure and unbeatable convenience for commuters and local shoppers alike.The plaza features 20+ on-site parking spaces plus ample free street parking. With main floor and lower-level units occupied primarily by long-term, solid tenants and nearly fully leased, the asset delivers stable, immediate cash flow from day one.Strong Upside Potential: Take advantage of Hamilton's ongoing growth with opportunities to expand the existing footprint or redevelop in height. Whether you're an investor seeking value-add or a developer looking for intensification, this is a compelling opportunity.

Sold data

Homes in Hamilton (Corman) — recent sold market

Homes in Hamilton (Corman) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 1,265 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $685,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$685,000
Sale-to-list ratio
97.0%
Sold above asking
12%

Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Corman)

Hamilton (Corman) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.

Rated schools
130
Elementary
108
Secondary
22
Average rating
5.6 / 10

Top-rated schools in Hamilton (Corman)

  • Corpus Christi — elementary, HamiltonFraser rating 10.0/10
  • Norwood Park — elementary, HamiltonFraser rating 8.4/10
  • Pope John Paul II — elementary, HamiltonFraser rating 8.0/10
  • Our Lady of Lourdes — elementary, HamiltonFraser rating 7.3/10
  • Westmount — secondary, HamiltonFraser rating 7.3/10
  • Sacred Heart — elementary, HamiltonFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 125 GAILMONT DRIVE