40 Main Street N
WaterdownHamilton, ONL0R 2H0Near Main and Dundas
- 1000 sqft
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
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What this listing tells us
Be Your own Boss-This is a unique opportunity to own a state-of-the-art, legally licensed cannabis retail store in the heart of Waterdown. Situated at the high-traffic intersection of Main and Dundas, this business benefits from excellent exposure, daily foot and vehicle traffic, and a strong reputation for 5-star customer service. Established in December 2021, this turnkey operation has a stabilized income and growing sales, with financial statements available for review. The attractive lease includes 5 years remaining with one 5-year renewal terms, and renovated 1000 sq. ft. space features luxurious finishes like engineered wood floors, custom built-in cabinets with LED pot lights, and a vinyl-wrapped interior. A fully approved security system, including cameras, motion detectors, reinforced security gates, and electronic locks, ensures peace of mind. The well-designed layout includes a delivery and staff entrance, secured storage, bathroom, breakroom, and a spacious managers office. With sales exceeding the Ontario average and consistent monthly growth, this is an exceptional chance to acquire a thriving cannabis retail business in a prime location. **EXTRAS** Monthly Rent $3513 Plus Hst-Annual Sales $506,000 (2023) $525,000 (2024) Open Daily 10-am-10p.m. Purchase Price plus Inventory
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jan 24, 2025 | ListedCurrent | For sale | $198,800 | — | X11940157 | This page |
| Jan 15, 2025 | Sold | Sold | $850,000 | −$39,900 (4.5%) | X9395520 | View |
| Oct 15, 2024 | Previously listed | Ter | $889,900 | — | X9395560 | View |
| Oct 15, 2024 | Previously listed | Sld | $889,900 | — | X9395520 | View |
| May 8, 2024 | Previously listed | Exp | $899,900 | — | X8321362 | View |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
3- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Water source
- Municipal
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
How this home sits in the Hamilton market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Hamilton market right now
Average sold price, days on market, and closed-transaction count for Hamilton — sourced from MLS®.
- Avg sold price$766,713Last 30 days
- Median sold price$695,000Middle of the market
- Days on market35 dAvg from list to close
- Closed last 30d1,439MLS® transactions
We'll get you into 40 Main Street N — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 40 Main Street N and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
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How much is 40 Main Street N listed for?
40 Main Street N is listed at $198,800 on the MLS® (listing X11940157). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 40 Main Street N have?
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.
