$1,350,000
For sale: Other

Prime Downtown Hamilton Commercial Opportunity with Exceptional Development Potential. Positioned in the heart of downtown Hamilton, this prominent commercial property presents a rare opportunity for investors, developers, and owner-operators alike. Currently operating as a successful restaurant, the property benefits from excellent visibility, strong pedestrian traffic, and a vibrant urban setting surrounded by residential, commercial, and entertainment amenities. The property's highly desirable Downtown Mixed Use (D3) zoning provides tremendous flexibility for future use and redevelopment. The D3 designation permits a broad range of high-density, pedestrian-oriented developments, including residential apartments, mixed-use buildings, office space, retail establishments, hotels, restaurants, entertainment venues, and a variety of commercial uses. Whether you're looking to operate a restaurant, establish a new business, expand your investment portfolio, or capitalize on Hamilton's ongoing downtown revitalization through redevelopment, this property offers outstanding potential. Located within one of the city's most dynamic growth corridors, it provides convenient access to public transit, major transportation routes, and a growing residential population. An exceptional opportunity to acquire a versatile downtown asset in one of Hamilton's most sought-after urban locations.
Sold data
Homes in Hamilton (Corktown) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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.
Based on 1,265 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Corktown) has 130 Fraser Institute–rated schools (108 elementary and 22 secondary), averaging 5.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$1,359,000
Other3052 NEW STREET, Roseland, Burlington

$1,200,000
Other949 MAIN STREET E, Stipley, Hamilton

$1,599,888
Other41 RYMAL ROAD W, Kennedy, Hamilton

$1,249,900
Other1490 BARTON STREET E, Homeside, Hamilton

$1,499,999
Other413 - 415 KING STREET W, Strathcona, Hamilton

$1,250,000
Other58 ONTARIO STREET, 451 - Downtown, St. Catharines

$1,199,000
Detached588 WALKERS LINE, Roseland, Burlington

$1,189,000
Detached1432 DEWBOURNE CRESCENT, Palmer, Burlington