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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Hamilton
About 148 James Street South
A standout mixed-use investment in the heart of James Street South priced at a 6.4% cap rate. Fully leased, extensively improved, and exceptionally well located, 148 James Street South offers the rare combination of quality real estate, strong tenancy, diversified income, and low ongoing capital requirements. The property includes two beautifully built-out commercial spaces and three renovated residential apartments. The main floor is occupied by a thriving coffee shop, while the lower level is home to a successful fitness studio. Above are one studio, one one-bedroom, and one two-bedroom apartment. The building has undergone substantial improvements, including complete reconstruction of the residential suites and extensive upgrades to electrical, plumbing, and mechanical systems. With significant additional investment made by the commercial tenants, the property is now fully built out, fully occupied, and positioned as a highly desirable asset. Prominently located on James Street South in the Augusta Street restaurant district, the property is steps from St. Joseph's Healthcare Hamilton, downtown amenities, and less than 300 metres from the Hamilton GO Centre. A compelling addition to any investment portfolio: strong fundamentals, significant capital investment, and excellent long-term value in one of Hamilton's most established urban nodes.
Hamilton investment priced at $1,599,000 — book a tour to see if it fits your search.
Inside 148 James St S
Every detail from the listing, in one place.
Type
Investment
Lot size
24.50 x 120.00 Feet
Features & systems
Lot & land
Lot dimensions
24.50 x 120.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Investment
148 James St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14098954$1,599,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 148 James St S Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,492Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 1,828 sales from Jul 25 – Oct 23, 2026 (1,482 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
148 James St S is listed at $1,599,000 (MLS® X14098954). Summitly updates the price as soon as the MLS® record changes.
Has the price of 148 James St S changed?
No — 148 James St S is still listed at its original asking price of $1,599,000.
How many bedrooms and bathrooms does 148 James St S have?
The listing for 148 James St S doesn't publish its bedroom and bathroom count. It is a commercial property in Hamilton.
Is 148 James St S close to transit?
The nearest rapid-transit station is Hamilton GO Centre GO Station (Lakeshore West GO), about 190 m (about a 2-minute walk) in a straight line. West Harbour GO Station is about 1.6 km (about a 21-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 148 James St S compare with other homes in Hamilton?
Its asking price of $1,599,000 is about 137% above the median sold price in Hamilton over the last 90 days, $675,000, across 1,828 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 148 James St S been sold before?
Summitly has no earlier MLS® sale or lease of 148 James St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 148 James St S?
148 James St S is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 148 James St S been on the market?
3 days — 148 James St S was listed on October 20, 2026.
What is the lot size of 148 James St S?
The lot measures 24.50 × 120.00 Feet, as published in the listing.
What is the land transfer tax on 148 James St S?
About $28,455 in Ontario land transfer tax at the asking price of $1,599,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 148 James St S or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 148 James St S?
The listing for 148 James St S doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Hamilton.