Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C1,988,888
($1,454,600)
(€1,242,400)
Annual Taxes:C13,482.03
Colliers is pleased to present the opportunity to acquire a fully tenanted, mixed use corner property located at 182 Ottawa Street North.
Description
Colliers is pleased to present the opportunity to acquire a fully tenanted, mixed-use corner property located at 182 Ottawa Street North. Situated at the entrance to the highly trafficked Ottawa Street North commercial corridor, the property benefits from excellent visibility, strong pedestrian activity, and demand from both commercial and residential tenants. Ottawa Street North is one of Hamilton's most established neighbourhood retail strips, supported by the surrounding Crown Point East and Delta residential communities, while Cannot Street East provides key east-west connectivity through the Lower City. Ongoing reinvestment, residential intensification, and improving streetscapes continue to strengthen the area's appeal and long-term fundamentals. The property is a fully leased, mixed-use building totaling over 7,000 square feet, comprising more than 2,500 square feet of ground-floor retail across two commercial units, with six residential apartments above. The asset offers immediate, diversified cash flow and a compelling value-add opportunity through future rental upside and unit turnover, making it well-suited for private investors seeking stable income with the potential for enhanced returns in a proven urban location.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.