$2,270,000
For sale: Other

PHARMACY AND DOCTOR'S OFFICE OPPORTUNITY IN A BUSY EAST MOUNTAIN LOCATION. Situated in Hamilton's sought-after East Mountain community, this high-exposure mixed-use investment property presents an excellent opportunity for investors and owner-operators. Prominently located on Upper Wentworth Street, just north of Concession Street, the two-storey building offers approximately 8,786 sq. ft. of gross floor area. The ground floor features approximately 4,200 sq. ft. of commercial space divided into three units, including an established dental clinic. The remaining commercial space offers an opportunity for complementary uses, such as a pharmacy and doctor's office, in a busy, highly visible location. The second level includes four residential apartments-three two-bedroom suites and one three-bedroom suite. All residential units have been completely remodeled, with new kitchens, stainless-steel appliances, new flooring and extensive upgrades throughout. Surrounded by established residential, commercial, institutional and recreational amenities, the property is close to shopping, schools, parks, public transit and Gage Park. The Sherman Cut provides convenient connectivity to Downtown Hamilton, while nearby access to the Lincoln M. Alexander Parkway and Highway 403 further enhances the location. An attractive power-of-sale purchase opportunity featuring a strategic Hamilton location, fully upgraded residential units, a versatile commercial layout and strong potential for rental income.
Sold data
Homes in Hamilton (Eastmount) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 57, across 1,143 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.
The median sale price was $688,800.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 1,143 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Hamilton (Eastmount) 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.
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