152 Grenfell Street
Industrial Sector
Hamilton
L8H 3J2
$849,999 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12766432
- Photos (18)
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This is a **Cash Cow Property**, generating a total of **$9,250 in rental income**. With a cap rate ranging between **9-12%**. This standalone mixed-use property presents an outstanding opportunity for investors and business owners seeking income, flexibility, and long-term upside. Offering excellent exposure and quick access to major highways, the location continues to attract strong demand from both commercial operators and residential tenants. The building encompasses approximately 4,400 square feet, anchored by a substantial ground-floor commercial space of roughly 3,800 square feet, currently configured as a restaurant and bar. Above, the second level features three income-producing residential apartments, including a three-bedroom unit, a one-bedroom unit, and a bachelor suite, all contributing to consistent cash flow. Additionally, there is notable upside potential through renovation or reconfiguration, as the residential level may allow for the creation of additional units (subject to municipal approvals). The property's configuration and zoning lend themselves well to a variety of uses, including trade-based operations, service-oriented businesses, storage, light industrial, or owner-occupied commercial uses supported by residential income. Additional income is generated from media company rentals (such as Netflix). Offered as a fully tenanted, mixed-use investment in a well-established industrial and commercial area, this property delivers both immediate revenue and future growth opportunities. Purchasers are advised to verify zoning, permitted uses, and development potential through their own due diligence.
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Total Area:
- 4400 sq. ft. Square Feet
- Total Area:
- 4,400 sq. ft.409 m2
- Retail Area:
- 3080 sq. ft. Sq Ft
- Lot Depth:
- 101'30.8 m
- Lot Frontage:
- 50'15.2 m
- Water supply:
- Municipal
- Zoning:
- C2
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Included In
- Assessment:
- $499,000
- Assessment Year:
- 2026
- Type Taxes:
- Annual
- Taxes:
- $10,750 / 2025
- Assessment:
- $499,000.00 / 2026
- Hamilton
- Hamilton
- Industrial Sector
- Major Highway, Public Transit
- Yes
- Utilities:
- Yes
- Air Conditioning:
- No
- Seller Property Info Statement:
- Yes
- Category:
- Multi-Use
- Chattels:
- No
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Listed by eXp Realty
Data was last updated February 7, 2026 at 03:15 PM (UTC)
- TYSON BRANDOW
- RE/MAX ESCARPMENT REALTY
- 1-905-573-1188
- Contact by Email
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