1523 Main St E is a commercial in Hamilton, listed for $499,900.
1Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator.
2At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion.
3The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking.
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Commercial Property in Hamilton
About 1523 Main Street East
An exceptional mixed-use investment opportunity, this high-yield commercial asset combines immediate cash flow, revenue diversification, and long-term capital appreciation. Positioned directly on the proposed Light Rail Transit (LRT) corridor, the property is anchored by a popular neighborhood pub featuring an inviting outdoor patio that serves as a major revenue driver during warmer months. Adding a secondary income stream is a spacious 3-bedroom residential apartment above, perfect for long-term tenants or an owner-operator. At the rear of the site sits a substantial double-plus concrete block garage, providing valuable space for additional leasing income, secure storage, or operational expansion. The property offers excellent accessibility with 4-plus dedicated on-site parking spaces and abundant surrounding street parking. Backed by flexible multi-use zoning and a prime transit-oriented location, this versatile asset delivers strong holding income today alongside significant future redevelopment upside.
Hamilton commercial priced at $499,900 — book a tour to see if it fits your search.
Inside 1523 Main St E
Every detail from the listing, in one place.
Type
Commercial
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Store W Apt/Office
1523 Main St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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 listings2,522Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 1,842 sales from Jul 24 – Oct 22, 2026 (1,482 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1523 Main St E is listed at $499,900 (MLS® X13750588). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1523 Main St E changed?
Yes — it was first listed at $599,900 and is now $499,900, a drop of $100,000 (16.7%).
How many bedrooms and bathrooms does 1523 Main St E have?
The listing for 1523 Main St E doesn't publish its bedroom and bathroom count. It is a commercial property in Hamilton.
Is 1523 Main St E close to transit?
The nearest rapid-transit station is Confederation GO Station (Lakeshore West GO), about 3.6 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1523 Main St E compare with other homes in Hamilton?
Its asking price of $499,900 is about 26% below the median sold price in Hamilton over the last 90 days, $675,000, across 1,842 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 1523 Main St E been sold before?
Summitly has no earlier MLS® sale or lease of 1523 Main St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1523 Main St E?
1523 Main St E is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1523 Main St E been on the market?
49 days — 1523 Main St E was listed on September 3, 2026.
What is the land transfer tax on 1523 Main St E?
About $6,473 in Ontario land transfer tax at the asking price of $499,900. 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 1523 Main St E 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 1523 Main St E?
The listing for 1523 Main St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Hamilton.
When was 1523 Main St E built?
The listing for 1523 Main St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
