CAONHamilton142 - Corktown38 Hess St S
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38 Hess St S, Hamilton, ON

House

For Sale

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002

MLS® 40820495

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage None
Taxes $15,874
Days Active 5
Lot Size 
Approx. Age 
MLS® Number 40820495

Property Address: 38 Hess St S, Hamilton, ON, L8P3N1

Average square foot calculated using Size range provided by listing agent.

Description

An extraordinary and rarely available opportunity to acquire a prominent 2.5-storey, multi-unit asset in the heart of Hamilton’s most coveted entertainment enclave—Hess Village. This distinguished mixed-use property comprises a ground-floor commercial space, three well-proportioned residential suites, and an expansive, unspoiled lower level with full potential for additional residential conversion, subject to approvals. The offering is further enhanced by dedicated rear parking—an increasingly valuable feature in this high-demand urban setting. The current income profile includes a commercial tenancy generating approximately $5, 000 per month, complemented by residential suites consisting of a studio at $775 per month and two one-bedroom-plus-den units at $1, 400 per month each. All tenancies are significantly below prevailing market rates, presenting a compelling opportunity for strategic rental repositioning and long-term income growth. The property can be delivered with vacant possession, affording complete flexibility for investors, end-users, or those seeking a refined live-work environment tailored to their vision. Ideally situated just steps from the newly revitalized TD Coliseum, the asset benefits from consistent and elevated foot traffic driven by concerts, sporting events, and premier live performances. Surrounding establishments thrive during event cycles, underscoring the enduring strength and desirability of this location. A truly versatile and upscale investment opportunity—offering immediate income, substantial upside, and the ability to reposition or curate a bespoke mixed-use asset within one of Hamilton’s most dynamic and evolving districts.Show Description
MLS® Number40820495
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementFull
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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Home Appraisal

This property is estimated to sell between: $317,000 and $2,391,000.
Similar properties in this area sold on average for: $317,718
Expected to sell in 70 days. Similar properties sold in 75 days. This home has been on eXp Realty for 5 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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38 Hess St S, Hamilton, ON

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