538 Main St E, Hamilton, L8M 1J1

Home Overview

Description

An incredibly rare opportunity to own two detached structures on one parcel in the heart of Hamilton's historic and rapidly transforming St. Clair neighbourhood. This live/work property includes a stunning 4-storey mixed-use building (5,631 SF) fronting Main Street East and a separate, fully detached 1.5-storey residential home (1,853 SF) at the rear. With a combined 7,484 square feet of finished space, this setup offers unmatched flexibility ideal for multigenerational living, owner-occupied business use, or diverse rental configurations across commercial and residential tenancies. The mixed-use building offers significant upside with potential for a high-exposure retail storefront along Main Street, complete with new commercial windows and street access. At the rear, a large warehouse-style studio space with its own entrance can be separately leased. The central home is well-suited for residential rental or owner occupancy, offering privacy while maintaining income potential from the other structures. Inside, the main building features exposed red brick, two staircases, 10-ft ceilings, a full bar, five bedrooms, five bathrooms, oversized showers and tubs, and a dramatic fourth-floor cupola with 360-degree views. The detached rear house includes three bedrooms, three bathrooms, private yard space, and direct access from both the driveway and laneway. With eight total parking spaces (including a garage), and situated along one of the city's busiest transit corridors, this property is only blocks from a planned LRT stop, new elementary school, and major developments. A true gem offering unmatched versatility, character, and income-generating potential.

76 days

On Market

Investment

Property Type

$7,644 / Year

Est. Taxes

Apartment

Style

Outside/Surface

Garage

Y

Basement