196 1/2 KENILWORTH AVENUE N, Hamilton (Homeside)

$449,900

For sale: Other

Other at 196 1/2 KENILWORTH AVENUE N, Hamilton (Homeside)
Property type
Commercial Retail
MLS®
MLS® X12509400
Neighbourhood
Homeside

Fantastic opportunity to own a well-maintained mixed-use building in the heart of Hamilton's vibrant Kenilworth Commercial Corridor. This property features a vacant main-floor commercial unit (approx. 1,410 sq. ft.) with excellent street exposure and direct access to the basement. The commercial space includes two 2-piece washrooms and offers flexible layout options-ideal for retail, office, or service-based businesses. Bonus large doors to access the commercial unit from the rear alleyway and 2 parking spaces. The second floor features two residential apartments, both tenanted with reliable occupants in good standing. Unit 1 offers a 1-bedroom layout, while Unit 2 includes 2 bedrooms, each with updated flooring and tasteful finishes. Lovingly owned by the same family since the 1960s, this property has a rich local history-previously home to Olympus Submarine and George's Car Clean Up. Recent updates include: refreshed paint throughout, newer residential flooring, updated fire exit signage, Furnace (2020), copper water line, roof (2015). This is an excellent investment or owner-occupier opportunity in a high-traffic location surrounded by established businesses, transit, and amenities. With a focus to revitalize the area, grants have been made available along this particular corridor through the City of Hamilton! (Barton/Kenilworth Revitalization Grant Program, Barton/Kenilworth Tax Increment Grant Program & Barton/Kenilworth Planning and Building Fees Rebate Program).

Sold data

Homes in Hamilton (Homeside) — recent sold market

Homes in Hamilton (Homeside) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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 (Homeside)

Hamilton (Homeside) 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 (Homeside)

  • 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 196 1/2 KENILWORTH AVENUE N