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193 ELGIN Street

193 ELGIN Street

Hamilton, Ontario

34,000 sqft • Industrial

$4,490,000

Unlock a rare urban industrial opportunity at 193 Elgin Street, Hamilton. This exceptional property offers a total of 35,630 sq ft of functional space, with 17,815 sq ft above grade and an additional 17,815 sq ft in a fully functional and usable basement. Situated on a generous 1.436-acre site, the property boasts approximately 0.5 acre of excess land, fully fenced with separate access. This versatile outdoor space is ideal for secure truck parking, outdoor storage, or can be leased independently to generate additional income. Perfect for an owner-occupier, this property provides a strategic location for your business with the added security of strong underlying land value. The site's prime location within the West Harbour GO Major Transit Station Area (MTSA) presents significant future development potential. Enjoy unparalleled connectivity with the West Harbour GO Train station just a short walk away, offering seamless transit to Toronto and the greater GTA. The area is rich with amenities, including a vibrant arts and restaurant scene on James Street North, a grocery store just next door and a nearby hospital. This property is a strategic investment in a dynamic, high-growth urban hub.

Price History

Property

Lot Size
1.44 acres

Community

Postal area L8L

Population
32,312
Private dwellings
14,444
Median age
36.4
Average household size
2.4
Median household income
$65,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Industrial in Hamilton · last 12 months

Median sold price
$683,000
Homes sold
4,996
Median days on market
27
Sale-to-list price
97.1%

Based on 4,996 recorded sales of industrial properties in Hamilton over the last 12 months.

Location

R

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