116 Bay Street, Hamilton, ON

$559,000
MLS#:X13157158
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] investment located in the coveted neighborhood of Central. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $559,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 26 x 52.39 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas forced air closed heating

High-Exposure Downtown Hamilton Commercial Opportunity with Flexible Downtown Local CommercialD4 Zoning. Ideal for retail, office, medical, or mixed-use with parking, visibility, and signage potential. Prime property on Bay Street North offering excellent visibility, steady traffic flow. Permitted uses include retail, restaurant, office, medical clinic, financial services, personal services, studio, tradesperson shop, and mixed-use residential Property benefits from strong street presence and exposure-ideal for businesses seeking visibility and accessibility. The building's side elevation may provide additional signage or third-party advertising income opportunities. Parking for 2 vehicles with potential to expand to 4. Rare downtown parking component enhances usability and tenant appeal $75K in upgrades since Oct.2025 including structural floor levelling, subfloor repair, masonry restoration (300+ bricks), drainage improvements, duct/drain servicing, and general updates. Furnace (2022), A/C (2025), owned HWT. New Nordic windows (2025, warranty to 2050). Roof (2012)repaired 2025. Located within Hamilton's Downtown Urban Growth Centre with ongoing intensification & strong growth outlook. Located in a Walker's Paradise (Walk Score 99) with consistent pedestrian traffic, steps to the TD Coliseum with high profile concerts and event, West Harbour GO Station, Bayfront Park ,and surrounded by restaurants, cafes, retail, and everyday services.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date5/21/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size26 × 52.39 Feet
CountyHamilton
Annual Tax$3,473.3
Legal DescriptionPT LT 13 BLK 14 PL 39 AS IN AB18699, S/T INTEREST IN AB18699; CITY OF HAMILTON

Parking & Garage

Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
Cooling["Yes"]

Features

Property Features

Community Features

Location

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116 Bay Street, Hamilton, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Central, Hamilton.

Verified Local Data
Population785,184
Median Age41.6 Yrs
Ownership69% Owners
Avg Area List Price$385,838

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Hess Street
Public107 Hess Street North, Central, Hamilton, Ontario, L8R 2T1
5.4
Dr. J. Edgar Davey
Public99 Ferguson Avenue North, Beasley, Hamilton, Ontario, L8R 1L6
1.9
Bennetto
Public47 Simcoe Street East, North End East, Hamilton, Ontario, L8L 3N2
3.3
Queen Victoria
Public166 Forest Avenue, Corktown, Hamilton, Ontario, L8N 0A5
2.7
St Lawrence's
PublicMary Street, North End East, Hamilton, Ontario, L8L 3X3
4.8

Secondary Schools

St. Mary’s
Catholic146 Park Street North, Central, Hamilton, Ontario, L8R 2N2
7.2
Georges-P-Vanier
Public100 Macklin Street North, Westdale North, Hamilton, Ontario, L8S 3S1
7.1
Westdale
Public700 Main Street West, Westdale South, Hamilton, Ontario, L8S 1A5
6.7
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 116 Bay Street N, Hamilton, ON L8R 2P4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$447,200
Monthly Mortgage$2,598
Property Tax (Est.)$289
Utilities & Maint.$350
Total Monthly Cost$3,237

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.