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  • 38 Hess Street S in Hamilton: 142 - Corktown Multi-3 Unit for sale (14 - Hamilton Centre) : MLS®# 40820497

    38 Hess Street S 142 - Corktown Hamilton L8P 3N1
    Main Photo: 38 Hess Street S in Hamilton: 142 - Corktown Multi-3 Unit for sale (14 - Hamilton Centre) : MLS®# 40820497

    38 Hess Street S Hamilton L8P 3N1 142 - Corktown

    $1,699,900
    Residential Income
    Status:
    Active
    MLS® Num:
    40820497
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    3,001 sq. ft.
    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. More details
    Listed by RE/MAX Escarpment Realty Inc.
    LISTING DETAILS
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Data was last updated April 30, 2026 at 07:50 PM (UTC)
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