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207 Ottawa St N 3,820 SF 100% Leased Retail Building Hamilton, ON L8H 3Z4 $999,900 CAD ($261.75 CAD/SF) 6.30% Cap Rate

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Executive Summary

Situated on one of Hamilton's most coveted streets, this turn-key building on Ottawa Street North is primed for new ownership. Known for its vibrant mix of cafes, markets, and boutique shops, this iconic street draws a steady stream of foot traffic and is rapidly becoming one of Hamilton's premier cultural and commercial destinations. The property is anchored by a long-term, reliable tenant on a robust triple-net lease, offering the new owner the advantage of immediate, consistent rental income with minimal management involvement. The building itself has been meticulously renovated with over $700K in high-quality upgrades, featuring modern finishes and top-notch improvements throughout. With the ongoing development and rising popularity of Ottawa Street North, this investment holds significant long-term potential. Beyond the immediate rental income, there are ample opportunities for substantial future appreciation. Don't miss your chance to invest in one of Hamilton's most dynamic and growing neighbourhoods.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,820 SF
Building Class
B
Year Built/Renovated
1920/2025
Price
$999,900 CAD
Price Per SF
$261.75 CAD
Cap Rate
6.30%
NOI
$63,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
C5a
Frontage
17’ on Ottawa St
Walk Score®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Fit4Less
Tim Hortons
Starbucks
Metro
FreshCo
BMO
RBC Royal Bank
TD Canada Trust
CIBC
Scotiabank
  • Listing ID: 39474072

  • Date on Market: 2026-02-18

  • Last Updated:

  • Address: 207 Ottawa St N, Hamilton, ON L8H 3Z4

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