230 PRITCHARD Road
Hamilton, Ontario
7,400 sqft • Retail
Presenting an exceptional commercial property opportunity! Owned by the first and only owner, this well-maintained property offers 7,400 total sq. ft. and was built approximately 37 years ago, standing as a recognizable part of the community ever since. Featuring below-market rents, this property offers tremendous upside potential for savvy investors looking to capitalize on its prime location and steady cash flow. The roof was completely redone early last year, providing added peace of mind, and the exterior was freshly painted approximately 3 years ago, enhancing its curb appeal. Each unit also features its own skylight, adding natural light throughout the property. Situated in an excellent location near shopping centres, major highways, and busy commercial areas, this property offers convenience and high visibility, making it a strong addition to any investment portfolio. Don’t miss this rare opportunity to own a prime commercial asset with untapped potential.
Price History
Schools
Elementary
- Janet Lee Public School1.1 km
Public · Hamilton-Wentworth DSB · 480 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 49% met the provincial standard
- St. Kateri Tekakwitha Catholic Elementary School1.9 km
Catholic · Hamilton-Wentworth CDSB · 315 students
Grade 3 reading: 93% met the provincial standard · Grade 6 math: 38% met the provincial standard
- St. Paul Catholic Elementary School2 km
Catholic · Hamilton-Wentworth CDSB · 445 students
Grade 3 reading: 95% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- Bishop Ryan Catholic Secondary School1.4 km
Catholic · Hamilton-Wentworth CDSB · 2115 students
Grade 10 literacy: 85% met the provincial standard
- ÉSAC Mère-Teresa2.3 km
French Catholic · CS catholique MonAvenir · 300 students
Grade 10 literacy: 90% met the provincial standard
- Saltfleet High School3.5 km
Public · Hamilton-Wentworth DSB · 1280 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8W
- Population
- 26,077
- Private dwellings
- 8,612
- Median age
- 38.8
- Average household size
- 3
- Median household income
- $101,000
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
Retail in Hamilton · last 12 months
- Median sold price
- $683,000
- Homes sold
- 4,993
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 4,993 recorded sales of retail properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$499,980
Estimated Monthly Payment
$12,281
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $12,281/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $625/mo
Estimates only. Consult a financial advisor.
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