Address
201 James Street N, Hamilton, ON
Price
$ 999,000
Property Attributes
  • ID#X12928640
  • TypeCommercial
  • Listing Status New
  • CityHamilton
  • AreaCentral
  • NeighbourhoodCentral
  • Postal CodeL8R 2L2
  • StyleCommercial Retail
  • Taxes$ 13610
  • Price$ 999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2500
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Prime investment opportunity located in the heart of downtown Hamilton. This standalone mixed-use property is situated near the GO Station and all local amenities. It features a well-established restaurant space with a 40-year history, previously called Gate of India, currently leased to a new owner. The property offers strong cash flow and a favorable cap rate and includes a full basement along with two dedicated owner parking spaces at the rear. This property presents an outstanding opportunity for investors or business owners seeking income, flexibility, and long-term upside. Also, there is potential to build a high rise in the future. The buyer has to do their own due diligence for tax, sq ft, and zoning. Please do not go direct.

Price History
3/27/2026 Listed $999,000

General Features

Cooling Yes
Utilities Available
Security Features No
Heater Type Gas Forced Air Open
Parking Spaces 2
Property Subtype Commercial Retail
Tax Year 2025
Lot Depth 123.57
County Hamilton
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Hamilton
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 13610.0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type Other
Spa No
Building Area Total 2500.0
Lot Size Source MPAC
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L8R 2L2

Price
AVG $1.55M
$1,000K
Taxes
AVG $13,679
$13,610
Visits
AVG 114
335
Data Provided by Inside Real Estate®