Patio, street for 40 Main St, Hamilton Ontario L0R 2H0
134 days on Market

40 Main St, Hamilton, Ontario L0R 2H0

Other
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-
- sqft
$198,800
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$854/mo

Tax Amount (2024)-

Days On Market134 days


Description

Be Your own Boss-This is a unique opportunity to own a state-of-the-art, legally licensed cannabis retail store in the heart of Waterdown. Situated at the high-traffic intersection of Main and Dundas, this business benefits from excellent exposure, daily foot and vehicle traffic, and a strong reputation for 5-star customer service. Established in December 2021, this turnkey operation has a stabilized income and growing sales, with financial statements available for review. The attractive lease includes 5 years remaining with one 5-year renewal terms, and renovated 1000 sq. ft. space features luxurious finishes like engineered wood floors, custom built-in cabinets with LED pot lights, and a vinyl-wrapped interior. A fully approved security system, including cameras, motion detectors, reinforced security gates, and electronic locks, ensures peace of mind. The well-designed layout includes a delivery and staff entrance, secured storage, bathroom, breakroom, and a spacious managers office. With sales exceeding the Ontario average and consistent monthly growth, this is an exceptional chance to acquire a thriving cannabis retail business in a prime location. **EXTRAS** Monthly Rent $3513 Plus Hst-Annual Sales $506,000 (2023) $525,000 (2024) Open Daily 10-am-10p.m. Purchase Price plus Inventory


Property Details

StyleWithout Property
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces4
MLS ®NumberX11940157
Community NameWaterdown
Data SourceTRREB
Listing byRE/MAX FIND PROPERTIES

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: N

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by RE/MAX FIND PROPERTIES, Brokerage

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Market Data - Waterdown

Geo Zone Map ThumbnailWaterdown

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

18 days

Compared to

2024

35 days

2023

15 days

2022

14 days

New Listings

Past 30 days

42 listings

Compared to

2024

33 listings

2023

28 listings

2022

42 listings

Units sold

Past 30 days

12 units

Compared to

2024

16 units

2023

14 units

2022

28 units

Median Sold Price

Past 30 days

$962,500

Compared to

2024

$1,152,500

2023

$928,000

2022

$923,500


Population and Demographics

Overview

Total population 9928
Average household income $160,659

Age (%)

0 to 19
24%
50 to 64
22%
35 to 49
20%
20 to 34
18%
65 and plus
16%

Household composition (%)

Single family
76%
Single person
21%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
91%
Others
7%
Polish
1%

House tenancy (%)

Owners
80%
Renters
20%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget