$559,000
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116 Bay Street N, Hamilton (central), ON L8R2P4

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- Beds
0 Baths
1,356 Sq Ft

Cash Flow Today, Redevelopment Tomorrow-Prime Mixed-Use Opportunity in Downtown Hamilton! High-exposure property with flexible D4 zoning, parking, and multiple income streams.116 Bay Street North presents a strategic investment opportunity in Hamilton's rapidly intensifying Downtown Urban Growth Centre. Positioned on a high-visibility corridor, this property is ideal for investors seeking stable income with long-term upside. Excellent exposure along Bay Street North supports retail, office, or service-based tenants, while the side elevation offers potential additional revenue through signage or advertising. Zoned D4 (Downtown Local Commercial), permitting a wide range of uses including retail, restaurant, office, medical, personal services, and mixed-use residential-providing maximum flexibility for repositioning or redevelopment. Approximately $75, 000 has been invested since October 2025 into key improvements including structural floor leveling, subfloor repair, masonry restoration (300+ bricks), drainage correction, duct/drain servicing, and general upgrades. Additional features include, owned furnace (2022), owned A/C (2025), owned hot water tank, and new Nordic windows (2025) with warranty to 2050. Roof completed in 2012 and repaired in 2025.Currently configured residential with estimated rental potential of approximately $2, 500/month. Strong short-term rental demand driven by proximity to the FirstOntario Centre and surrounding amenities. Located in a Walker's Paradise (Walk Score 99), offering exceptional tenant appeal with walkable access to the West Harbour GO Station, Bayfront Park, Hess Village, and the Hamilton Farmers' Market. Includes parking for 2 vehicles with potential for 4-rare for the downtown core. A compelling opportunity to secure a versatile asset in one of Ontario's fastest-growing urban nodes. (id:58753)

Listing By: ALLIA AKKAD - RE/MAX ABOUTOWNE REALTY CORP.
Source: CREA #X13157150 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13157150
  • Date Listed05/21/2026
  • Days on Realty 130 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Other
  • Water Public
  • Square Feet 1,356 sq. ft
  • Price Per Sq. Ft $412.24

Interior Features

  • Appliances Washer, Dishwasher, Dryer, Alarm System, Window Coverings, Water Heater
  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Bay Street N/Cannon St W. ** Directions: Bay Street Between York and Cannon St.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L8R2P4

Discover key demographics, population statistics, and environmental insights for the Hamilton (central), ON area.

Walkability in ON / L8R2P4

Source: Walk Score

73/100

Very Walkable

Walk Score ®

51/100

Good Transit

Transit Score ®

87/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

9 nearby routes: 8 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 45/100, Bike Score: 52/100.

Points of Interest near 116 BAY STREET N, Hamilton (Central), ON L8R2P4

Frequently Asked Questions for 116 BAY STREET N

Source: Realty.com

116 BAY STREET N, Hamilton (Central), ON L8R2P4 in Hamilton (Central), ON L8R2P4 is a other listed at $559,000. Highlights include 1,356 sq. ft., $412 per sq. ft.. Realty.ca has 39 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 39 photos of 116 BAY STREET N.

The full address for this home is 116 BAY STREET N, Hamilton (Central), ON L8R2P4.

116 BAY STREET N has been listed on Realty.com since Thu May 21, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 53/100, Transit Score: 45/100, Bike Score: 52/100.

Listing provided courtesy of: RE/MAX ABOUTOWNE REALTY CORP.
Listing agent: ALLIA AKKAD

This content last refreshed on 2026-09-28 20:19:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.