← All listings

For Sale

38 Hess Street S, Hamilton, ON L8P 3N1

$1,599,900

  • Investment
  • MLS® X13044404

Listing Brokerage: RE/MAX ESCARPMENT REALTY INC.

Description

An extraordinary and rarely available opportunity to acquire a prominent 2.5-storey, multi-unit asset in the heart of Hamilton's most coveted entertainment enclave-Hess Village. This distinguished mixed-use property comprises a ground-floor commercial space, three well-proportioned residential suites, and an expansive, unspoiled lower level with full potential for additional residential conversion, subject to approvals. The offering is further enhanced by dedicated rear parking-an increasingly valuable feature in this high-demand urban setting. The current income profile includes a commercial tenancy generating approximately $5,000 per month, complemented by residential suites consisting of a studio at $775 per month and two one-bedroom-plus-den units at $1,400 per month each. All tenancies are significantly below prevailing market rates, presenting a compelling opportunity for strategic rental repositioning and long-term income growth. The property can be delivered with vacant possession, affording complete flexibility for investors, end-users, or those seeking a refined live-work environment tailored to their vision. Ideally situated just steps from the newly revitalized TD Coliseum, the asset benefits from consistent and elevated foot traffic driven by concerts, sporting events, and premier live performances. Surrounding establishments thrive during event cycles, underscoring the enduring strength and desirability of this location. A truly versatile and upscale investment opportunity-offering immediate income, substantial upside, and the ability to reposition or curate a bespoke mixed-use asset within one of Hamilton's most dynamic and evolving districts.

Property details

MLS® number
X13044404
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
Central
City
Hamilton
Building area
3001 Square Feet
Lot width
26.75 Feet
Lot depth
124.5 Feet
Heating
Gas Forced Air Open
Cooling
Yes
Garage
None
Taxes
$15,873.82
Tax year
2025
Business type
Apts - 2 To 5 Units
Listing brokerage
RE/MAX ESCARPMENT REALTY INC.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing information is deemed reliable but is not guaranteed accurate by PROPTX. Listings shown are a selection of properties from the IDX data feed and do not represent all MLS® listings. Data last updated October 20, 2026 at 10:24 pm.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. REALTOR® is a trademark controlled by CREA.

Request Free Evaluation