Re-listed 19 days ago

116 Bay St, Hamilton, Ontario L8R 2P4

Other
-
-
~1356.25 sqft
$•••,•••
$559,000
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Other
-
-
~1356.25 sqft

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Highlights

Property Estimate

Days on market19 days

Total days on market
37 days

Estimated valueNot available

Price/Sqft$412/sqft

Monthly cost

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Description

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.


Property Details

StyleOffice
View-
Age of property100+
SqFt~1356.25 SqFt
Lot Size1,362 SqFt(52.39 x 26)
Parking Spaces2
MLS ®NumberX13157158
Community NameCentral
Data SourceTRREB
Listing byRE/MAX ABOUTOWNE REALTY CORP.

Features

Heating: Gas Forced Air Closd
Cooling: Y
Basement: Y

Features

Lot size: 1,362 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by RE/MAX ABOUTOWNE REALTY CORP., Brokerage
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Market Data - Central

Geo Zone Map ThumbnailCentral

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

13 days

Compared to

2025

64 days

2024

37 days

2023

44 days

New Listings

Past 30 days

17 listings

Compared to

2025

26 listings

2024

21 listings

2023

25 listings

Units sold

Past 30 days

4 units

Compared to

2025

9 units

2024

6 units

2023

11 units

Median Sold Price

Past 30 days

$490,444

Compared to

2025

$485,000

2024

$497,500

2023

$525,000


Population and Demographics

Overview

Total population 7146
Average household income $85,783

Age (%)

0 to 19
15%
20 to 34
30%
35 to 49
19%
50 to 64
18%
65 and plus
18%

Household composition (%)

Single person
53%
Single family
39%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
72%
Others
5%
Arabic
4%
Spanish
4%
Portuguese
3%
Vietnamese
2%
Somali
2%
Mandarin
2%
French
1%

House tenancy (%)

Renters
76%
Owners
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget