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Listed price in listed location currency (CAD).
$2,875,000

000

MLS® 40796237

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $13,817
Days Active 153
Lot Size 
Approx. Age 
MLS® Number 40796237

Property Address: 237 James St N, Hamilton, ON, L8R2L2

Average square foot calculated using Size range provided by listing agent.

Description

Strategically positioned on a through lot with exposure and access from both James Street North and Severn Street, offering two ground-floor commercial units and four residential units above.This diversified income profile may be suitable as a holding strategy for purchasers interested in properties within growing urban corridors. An abutting parcel located at 29 Severn Street is also available for purchase under separate ownership and representation (MLS#40797994). The availability of two side-by-side properties presents a rare opportunity. Acquiring adjacent parcels may increase total land area and frontage, consolidate lot lines, and provide optionality for improved access, servicing, circulation, parking, site layout, and massing. Paired with applicable zoning permissions, an assembly of this nature may unlock a unique potential development pathway that is independent of — and incremental to — the existing income-producing investment property. 29 Severn Street is a vacant parcel that previously had conceptual drawings prepared for a mixed-use building consisting of 1 commercial unit at grade and 6 residential units above under Permit No. BP-125643; the permit has since expired. The Seller of 29 Severn Street may have drawings or related materials available for purchaser's assistance. James Street North is a vibrant cultural and commercial district known for independent shops, restaurants, galleries, and Art Crawl events that draw strong local and regional foot traffic. The corridor has also benefited from sustained institutional and private investment, including the redevelopment of the TD Colosseum, which has emerged as a major economic contributor to Hamilton’s downtown by attracting international touring acts, large-scale events, and hundreds of thousands of new visitors and potential customers annually. Recent features include wiring upgrades, a Laars FT Series boiler/tankless system (2005).
MLS® Number40796237
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
DrivewayAttached Garage
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $2,875,000

Front of Building James St
For Sale · 153 days

$2,875,000

MLS® 40796237

5 months ago

Not Sold Yet

June 2026, Canceled for $2,999,000

Canceled · 256 days

$2,999,000

MLS® 40764066

20 days ago

Canceled on Jun 2, 2026

January 2026, For Sale for $2,875,000

Front of Building James St
For Sale · 153 days

$2,875,000

MLS® 40796237

5 months ago

Not Sold Yet

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Home Estimate Zoopraisal®

This property is estimated to sell between: $326,000 and $4,150,000.
Similar properties in this area sold on average for: $326,500
Expected to sell very soon! Similar properties sold in 70 days. This home has been on Zoocasa for 153 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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