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For Sale

Investment #X14091280

$599,900

208 Mary St

Hamilton - Beasley

3642 sqft
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Property history Buy/sell history for 208 Mary St Hamilton

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$599,900

For Sale

Date: 16 Oct, 2026 29 days
X14091280
Property details
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Home value
Rental analysis
Payments
Market trends

Home facts

Details

Rooms

Tax
$8375.66/yr
Property type
Investment
Style
Apartment
Sqft
3642
Lot size
37.01 x 58.39
Price/sqft
$164.72/sqft
Parking
None garage
MLS® #
X14091280
Major intersection
Catherine St N to Robert St to Mary St.
Neighbourhood
Beasley
Listed on
16 Oct, 2026

About this home

Pay for the apartments, get the storefront almost free. This corner mixed-use property in Beasley, steps from downtown Hamilton, offers about 3,642 sq ft for $649,900, about $178 a sq ft. Upstairs: two renovated 2-bedroom suites with quartz counters, open living space, pot lights and wall-mounted A/C, both tenanted at $1,775/month, with tenants paying their own hydro. Main floor: about 1,660 sq ft of corner commercial space with large shop windows, rented as storage at $1,000/month. Gross income is about $54,600 a year. Seller-reported costs are about $18,775 a year, for a net operating income of about $35,825: a 5.5% cap rate at list price. Value-add: raise the suites to market on turnover, re-let the main floor as retail and buy out the rental equipment, and the pro forma cap rate is about 7.4%. Owner-users: run your business from the storefront while the two suites carry most of the costs. Legal, conforming duplex over commercial per the seller, zoning D/S-378. Hamilton's Mid-Rise Residential Zones Project (Phase 2) is before Planning Committee. Proforma available. Buyer to verify all figures, zoning, permitted uses and redevelopment potential. Read More

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Property is listed by REAL BROKER ONTARIO LTD.

We are hiring | Join ReApp team

Property is listed by REAL BROKER ONTARIO LTD.

We are hiring | Join ReApp team

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