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265 OTTAWA STREET N, Hamilton, Ontario, L8H 3Z8

MLS® # X12570904
Commercial For Sale In Crown Point West, Hamilton, Ontario
$1,599,999

None Beds

265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
265 Ottawa Street N, Hamilton, ON
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MULTIMEDIA

265 OTTAWA STREET N, Hamilton, Ontario, L8H 3Z8
$1,599,999

Property Information:

Welcome to 265 Ottawa Street North, a rare investment opportunity in the heart of Hamilton's iconic Ottawa Street Business Improvement Area. Known as the city's Destination for Inspiration, Ottawa Street North is home to a vibrant mix of shops, antiques, home decor, restaurants, and services, supported by strong daily foot traffic and active BIA promotions. This property offers approximately 10,000 sq. ft. of flexible commercial space, ideal for subdivision into multiple retail bays, professional offices, or a hybrid mix of tenants. With wide storefront glazing, excellent signage potential, and strong curb appeal, it is perfectly positioned to attract a diverse range of occupants. Located steps from The Centre on Barton, a 700,000+ sq. ft. power center anchored by national retailers, the property benefits from a steady stream of both local shoppers and regional visitors. Investors will appreciate the value-add potential through re-tenanting and repositioning, while enjoying a projected cap rate of ~7.5%, significantly above the Hamilton retail market average of 6.3%. This combination of location, flexibility, and yield makes 265 Ottawa Street North one of the only opportunities on the market today to secure such strong returns in a proven, high-demand corridor. Whether envisioned as multiple stores, multiple offices, or a long-term anchor space, this property offers stability, upside, and long-term appreciation. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Floor Space: 7104 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Floor Space (approx): 7104 Square Feet
  • Irregular: Yes
  • Lot Depth: 118.0 Feet
  • Lot Frontage: 60.3 Feet
  • Lot Size: Bldg=60.33 x 118 FT
  • Zoning: C5a

Courtesy of: HOMELIFE/PARAMOUNT REALTY

REALTOR.ca  

Location of 265 OTTAWA STREET N, Hamilton, Ontario, L8H 3Z8

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, 265 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, 265 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 265 OTTAWA STREET N, Hamilton, Ontario, L8H 3Z8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,631.84

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.9 %

High school certificate or equivalent

34.5 %

Apprenticeship trade certificate/diploma

5.59 %

College/non-university certificate

20.41 %

University certificate (below bachelor)

0.74 %

University Degree

10.87 %

Commuter

Travel To Work

By Car

74.2 %

By Public Transit

14.86 %

By Walking

8.31 %

By Bicycle

0.74 %

By Other Methods

1.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.96 %

Houses

91.04 %

Own Vs. Rent