38 Hess Street S, Hamilton, Ontario

Multi-Family for Sale in Hamilton

38 Hess Street S, Hamilton, ON

  • CA$1,699,900
  • 2 BATHS
  • 3,001 sq.ft. Space
  • CA$1,699,900

Multi-Family for Sale in Hamilton

38 Hess Street S, Hamilton, ON

  • CA$1,699,900
  • 2 BATHS
  • 3,001 sq.ft. Space
  • CA$1,699,900

Key Facts

  • MLS® #: 40820497
  • Property ID: SIRC3288390
  • Property Type: Residential, Fourplex
  • Interior Area¹: 3,001 sq.ft.
  • Bathrooms: 2
  • Parking Spaces: 2
  • Listed By:
  • RE/MAX Escarpment Realty Inc.

Property 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.

Listing Agents

RE/MAX Escarpment Realty Inc.

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Location

38 Hess Street S, Hamilton, Ontario, L8P 3N1 Canada

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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