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74 OTTAWA STREET N, Hamilton, Ontario, L8H 3Z1

MLS® # X11907006
Commercial For Sale In Crown Point East, Hamilton, Ontario
$799,000
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
74 Ottawa Street N, Hamilton, ON
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ACTIVE
74 OTTAWA STREET N, Hamilton, Ontario, L8H 3Z1
$799,000

Property Information:

Seize the moment with this unparalleled investment opportunity on Ottawa Street North, where vibrant commercial prospects meet residential need! This prime mixed-use property is not just a location; it's a canvas for your entrepreneurial dreams. Imagine the potential of a well-established commercial unit with unmatched street visibility, perfectly complemented by versatile spaces for Restaurant and storage (Existing Restaurant Liquor Licence transferable). The upper-level residential units have two seperate entrances, that can be divided into Two apartment units, which can add a lucrative income stream or be the perfect setup for an owner-operator lifestyle. With Hamiltons bustling atmosphere of diverse retail and dining options surrounding you, the 1st Tim Horton of Canada (Tourist Point of Interest) right across the street, the stability and growth potential of this property are undeniable. Priced attractively, 74 Ottawa Street North invites you to be part of Hamilton's historic charm. Don't let this golden opportunity slip away! **** EXTRAS **** Property is sold as-is and where-is condition. No representation or warranty on the condition of the property. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Bathrooms: 5
  • Amenities Nearby: Highway, Public Transit
  • Irregular: Yes
  • Lot Depth: 100.2 Feet
  • Lot Frontage: 30.0 Feet
  • Lot Size: 30.06 x 100.23 FT
  • Zoning: C5a
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX ELITE REAL ESTATE

REALTOR.ca  

Location of 74 OTTAWA STREET N, Hamilton, Ontario, L8H 3Z1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 74 OTTAWA STREET N , experiences 7 hot days per year at around 31.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past
31.8℃
2050
35.4℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 74 OTTAWA STREET N , experiences 11 significant 2-day storms per year, with about 306.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 380.3mm of precipitation per year.

Precipitation Per Storm

Past
306.8mm
2050
380.3mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 74 OTTAWA STREET N, Hamilton, Ontario, L8H 3Z1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,038.55

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.41 %

High school certificate or equivalent

34.26 %

Apprenticeship trade certificate/diploma

6.33 %

College/non-university certificate

23.43 %

University certificate (below bachelor)

0.2 %

University Degree

15.36 %

Commuter

Travel To Work

By Car

78.28 %

By Public Transit

12.98 %

By Walking

5.54 %

By Bicycle

0.92 %

By Other Methods

2.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.62 %

Houses

82.38 %

Own Vs. Rent