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$ 10,500,000
Est. payment | /mo
24,300 SqFt
$ 10,500,000
Est. payment | /mo
24,300 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 24300
Square Footage 24,300 sqft
Price per Sqft $432
Subdivision Corktown
MLS® Listing ID X12499566
Property Description
Prime Central Hamilton Investment Opportunity! This established highly profiting 60-room hotel property sits on a generously sized lot within one of Hamilton's fastest-growing and most rapidly transforming urban corridors. Surrounded by active redevelopment, infrastructure improvements, and rising municipal and private investment, this location offers exceptional long-term upside and strong return potential. Hamilton continues to benefit from sustained population growth, enhanced transit connectivity, and increasing spill-over demand from the Greater Toronto Area. The property is strategically positioned near transit routes, hospitals, post-secondary institutions, and major commercial corridors, making it ideal for hospitality, residential, or mixed-use redevelopment. With the right vision, the site offers excellent flexibility for future conversion into condominium residences, purpose-built rental or mixed-use housing, assisted living or retirement residence, boutique 4-5 star hotel, or short-term accommodation supporting healthcare and education sectors. Offered under power of sale with a motivated timeline, this is an outstanding opportunity for developers, hotel operators, and institutional investors seeking exposure in one of Ontario's most active growth markets. Property is being sold "as-is, where-is." (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Hot Water
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by CENTURY 21 GREEN REALTY INC.
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