148 James ST S, Hamilton, ON L8P 3A2
148 James ST S, Hamilton, ON L8P 3A2
148 James ST S, Hamilton, ON L8P 3A2
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Christine Domina

Christine Domina

Christine Domina - Real Estate Smarts

+1(416) 873-4747
$1,599,000
Est. payment /mo
5,184 SqFt
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,184 sqft

Price per Sqft $308

Subdivision Durand

MLS Listing ID X14098954

Annual Tax Amount $14,279

Tax Year 2026

Property Sub-Type Investment

Property Description

A standout mixed-use investment in the heart of James Street South priced at a 6.4% cap rate. Fully leased, extensively improved, and exceptionally well located, 148 James Street South offers the rare combination of quality real estate, strong tenancy, diversified income, and low ongoing capital requirements. The property includes two beautifully built-out commercial spaces and three renovated residential apartments. The main floor is occupied by a thriving coffee shop, while the lower level is home to a successful fitness studio. Above are one studio, one one-bedroom, and one two-bedroom apartment. The building has undergone substantial improvements, including complete reconstruction of the residential suites and extensive upgrades to electrical, plumbing, and mechanical systems. With significant additional investment made by the commercial tenants, the property is now fully built out, fully occupied, and positioned as a highly desirable asset. Prominently located on James Street South in the Augusta Street restaurant district, the property is steps from St. Joseph's Healthcare Hamilton, downtown amenities, and less than 300 metres from the Hamilton GO Centre. A compelling addition to any investment portfolio: strong fundamentals, significant capital investment, and excellent long-term value in one of Hamilton's most established urban nodes.

Location

Province ON

County Hamilton

Area Hamilton

Interior

Heating Yes

Cooling Partial

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 24.5

Lot Depth 120.0

Building

Building Age 100+

Others

Security Features No

ParcelsYN No

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Listed by Corcoran Horizon Realty

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor License ID: 9603994

Realtor License ID: 9603994

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