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$779,900
ActiveAbout this Property
Excellent opportunity to own a free-standing commercial/residential property in a prime corner location within a mature residential neighborhood. This property is primarily valued for the real estate itself, with the existing convenience store business included as an added bonus and future upside opportunity. The property offers approximately 2,000 sq ft and features multiple potential income streams, including a main floor retail space with attached 1-bedroom unit, a spacious second-floor 3-bedroom apartment with private entry and the estimated rental potential of approximately $2,400/month, plus a basement with 1 bedroom and 1 bathroom. Property also benefits from a city-issued legal separate entrance, adding flexibility and excellent long-term value with potential for additional permitted uses subject to buyer verification. The convenience store has been owner-operated for approximately 12 years and has built a loyal neighborhood customer base. This creates a strong opportunity for a hands-on buyer to revitalize the business and unlock additional income potential. Existing business and clientele are included in the sale, but the true value lies in the free-standing mixed-use property itself. Ideal for owner-operators, investors, or buyers seeking a versatile property with residential income and future commercial upside. Rare opportunity to acquire a free-standing building with substantial potential in an established Hamilton neighborhood.
Listed by REAL ONE REALTY INC. · MLS# X13232624
Features & Details
Property details of 155 Victoria Avenue, Hamilton, ON
Market Insights for Detached in Landsdale
Based on 10 sales in the last 90 days
Seller’s Market
Demand is outpacing supply. Sellers can expect competitive offers and strong pricing.
New Listings
10
Avg Days on Market
30 days
Avg Price/Sq Ft
$335
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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