1520 MAIN STREET W, Hamilton (Ainslie Wood)

$6,400,000

For sale: Other

Other at 1520 MAIN STREET W, Hamilton (Ainslie Wood)
Property type
Commercial Retail
MLS®
MLS® X14109678
Neighbourhood
Ainslie Wood

Exceptional opportunity for developers, restaurateurs, and institutional investors to acquire a prime corner property along busy Main Street West in Hamilton, just one block from McMaster University.Situated in a high-traffic retail corridor surrounded by a strong student rental market, this freestanding building offers excellent visibility, a strategic location, and significant potential for future growth. The property is currently home to a successful breakfast restaurant that has been established for over 25 years offering an opportunity to acquire both the real estate and an established operating business. Potential opportunities may include continued restaurant operations, retail or service uses, mixed-use commercial/residential development, and student-oriented housing. The properties at 1516 Main St W and 2 Norfolk are also available for sale creating a larger development opportunity. Properties being marketed separately.

Sold data

Homes in Ainslie Wood — recent sold market

Homes in Ainslie Wood took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 59, across 83 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $669,999.

Homes sold for about 4.3% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$669,999
Sale-to-list ratio
95.7%
Sold above asking
11%

Based on 83 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Hamilton (Ainslie Wood)

Hamilton (Ainslie Wood) 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 (Ainslie Wood)

  • 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 1520 MAIN STREET W