822 Main Street E Hamilton, Ontario L8M 1L6

$749,900

Power of sale opportunity with exceptional redevelopment and income potential. Situated on a substantial 67.32 x 163.84 ft lot (0.25 acres) along a key transit corridor, this C2-zoned property offers nearly 3,000 sq ft above grade and is being sold stripped to the studs with permits already in place for a 4-5 unit conversion. Ideal for investors, developers, or owner-operators seeking flexibility, scale, and long-term upside.The property features a rare rear double detached garage seamlessly connected to an approximate 1,200 sq ft warehouse space with impressive 13' ceilings, creating outstanding potential for storage, commercial use, live/work functionality, or future adaptive reuse. Ample on-site parking for 10+ vehicles further enhances usability and tenant appeal.Designed with strong income fundamentals in mind, the project is positioned for CMHC take-out financing with projected gross annual income of approximately $116,400 and 4 hydro meters already in place. Opportunity exists to convert the asset to fully residential use or maintain a mixed-use configuration under flexible C2 zoning.Large lot dimensions, transit-oriented positioning, and existing scale make this an exceptional candidate for future high-density redevelopment in a rapidly intensifying corridor. Rare opportunity to secure a value-add asset with multiple exit strategies and significant long-term upside. (id:61215)

Property Details

MLS® Number	X13209002
Property Type	Multi-family
Community Name	Blakeley
Amenities Near By	Golf Nearby, Park, Place Of Worship, Public Transit, Schools
Community Features	Community Centre
Features	Flat Site
Parking Space Total	12
Structure	Workshop

Building

Age	51 To 99 Years
Basement Development	Unfinished
Basement Type	Full (unfinished)
Cooling Type	None
Exterior Finish	Brick
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	3
Size Interior	2,500 - 3,000 Ft2
Type	Other
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Land Amenities	Golf Nearby, Park, Place Of Worship, Public Transit, Schools
Sewer	Sanitary Sewer
Size Depth	163 Ft ,7 In
Size Frontage	67 Ft ,1 In
Size Irregular	67.1 X 163.6 Ft
Size Total Text	67.1 X 163.6 Ft|under 1/2 Acre
Zoning Description	C-2 Mixed Use

https://www.realtor.ca/real-estate/29819021/822-main-street-e-hamilton-blakeley-blakeley