182 OTTAWA Street
Hamilton, Ontario
7,116 sqft • Other
An exceptional turn-key investment opportunity situated on a prominent, high-visibility corner in one of Hamilton’s most established commercial corridors. Spanning over 7,100 total square feet, this fully tenanted, mixed-use asset features over 2,500 square feet of ground-floor retail across two active commercial units, complemented by six residential apartments above. The property offers immediate, diversified cash flow with compelling value-add upside through future unit turnover and rental growth in a proven urban market. Positioned at the gateway to a bustling neighborhood retail strip and supported by the surrounding Crown Point East and Delta residential communities, the location enjoys strong pedestrian activity and key east-west transit connectivity via Cannon Street East. Ongoing local reinvestment, streetscape improvements, and residential intensification continue to strengthen the long-term appeal of this premier asset. Perfectly suited for private investors seeking stable income paired with potential for enhanced returns.
Price History
Property
- Lot Size
- 0.06 acres
Schools
Elementary
- Queen Mary Public School0.4 km
Public · Hamilton-Wentworth DSB · 530 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Memorial Elementary School Public School0.5 km
Public · Hamilton-Wentworth DSB · 360 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Holy Name of Jesus Catholic Elementary School0.5 km
Catholic · Hamilton-Wentworth CDSB · 450 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 31% met the provincial standard
Secondary
- Bernie Custis Secondary School Secondary School0.9 km
Public · Hamilton-Wentworth DSB · 955 students
Grade 10 literacy: 65% met the provincial standard
- Sir Winston Churchill Secondary School2.1 km
Public · Hamilton-Wentworth DSB · 790 students
Grade 10 literacy: 56% met the provincial standard
- Sherwood Secondary School2.3 km
Public · Hamilton-Wentworth DSB · 1255 students
Grade 10 literacy: 79% 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 L8H
- Population
- 26,187
- Private dwellings
- 11,792
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $70,000
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
Other in Hamilton · last 12 months
- Median sold price
- $683,250
- Homes sold
- 5,010
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,010 recorded sales of other properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$359,980
Estimated Monthly Payment
$8,842
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,842/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $450/mo
Estimates only. Consult a financial advisor.
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