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Investment Highlights

  • Mixed-use property with retail, new laundromat, and residential income
  • Business-only purchase option available at $600,000
  • Business and real estate offered together at $1,200,000
  • Three occupied apartments provide recurring monthly rental revenue
  • Convenience store business is already operating on-site
  • Empty lot next to property is included in the sale

Executive Summary

30 Seven Mile Ave presents an opportunity to acquire an established mixed-use asset with multiple income streams in the Hamilton market. The property combines an operating convenience store, a recently added laundromat, and three occupied residential apartments, creating diversified revenue from both commercial and residential components. The apartments reportedly generate approximately $3,300 per month in rental income, providing recurring cash flow in addition to business operations.
Positioned along Seven Mile Avenue with convenient access to local residential neighborhoods and regional transportation routes, the property benefits from a built-in customer base and consistent daily traffic generated by surrounding households and businesses. The combination of neighborhood-serving retail and occupied residential units offers investors exposure to multiple demand drivers within a single asset.
The offering provides flexibility for a range of buyers, including owner-operators seeking an established business platform or investors pursuing a mixed-use income-producing property. Ownership has indicated the business may be purchased separately for $600,000, while the business and real estate together are offered at $1,200,000. The property's diversified income profile, established operations, and residential tenancy create a foundation for ongoing cash flow with potential future operational and investment upside.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
5,092 SF
Year Built/Renovated
1920/2004
Price
$1,667,988 CAD
Price Per SF
$327.57 CAD
Cap Rate
25%
NOI
$416,997 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.26 AC
Zoning
commercial/residential
Parking
16 Spaces (3.14 Spaces per 1,000 SF Leased)
Frontage
48’ on Seven Mile Ave.

Amenities

  • Corner Lot
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
L5300-003-000-082
Land Assessment
$5,481 CAD
Improvements Assessment
$59,752 CAD
Total Assessment
$65,233 CAD
  • Listing ID: 40682111

  • Date on Market: 2026-05-27

  • Last Updated:

  • Address: 30 Seven Mile Ave, Hamilton, OH 45011

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