About 1523 Main Street E
An exceptional mixed-use investment opportunity, this high-yield commercial asset combines immediate cash flow, revenue diversification, and long-term capital appreciation. Positioned directly on the proposed Light Rail Transit (LRT) corridor, the property is anchored by a popular neighborhood pub featuring an inviting outdoor patio that serves as a major revenue driver during warmer months. Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator. At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion. The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking. Backed by flexible multi-use zoning and a prime transit-oriented location, this versatile asset delivers strong holding income today alongside significant future redevelopment upside.
Features of 1523 Main Street E
| MLS® # | 40859979 |
|---|---|
| Price | $599,900 |
| Acres | 0.07 |
| Type | Commercial Sale |
| Sub-Type | Building and Land |
| Status | Active |
Community Information
| Address | 1523 Main Street E |
|---|---|
| Area | 23 - Hamilton East |
| Subdivision | 231 - Homeside |
| City | Hamilton |
| County | Hamilton |
| Province | ON |
| Postal Code | L8K 1E4 |
Amenities
| Utilities | Electricity Connected, Garbage/Sanitary Collection, Street Lights |
|---|---|
| Parking | Attached Garage, Built-In |
| # of Garages | 2.00 |
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | Full |
Exterior
| Lot Description | Rectangular, High Traffic Area, Highway Access, Hospital, Public Transit |
|---|---|
| Construction | Brick |
| Foundation | Block |
Additional Information
| Date Last Updated | September 4th, 2026 |
|---|---|
| Zoning | TOC1 |
Listing Details
| Office | Real Broker Ontario Ltd. |
|---|