For Sale · Hamilton · Office

$3,495,000

574 UPPER JAMES Street, Hamilton

5,500

Size

About This Home

The details.

Remarkable investment opportunity in an ultra-convenient, high-exposure Hamilton Mountain location with tremendous street presence and visibility. This standalone medical building comes with 13 parking spaces and includes 5 (fully tenanted) units which generate an Annual Net Operating Income of approximately $220,000. This turnkey building presents a rare opportunity in a superb location with plenty of upside and an extremely favourable Capitalization Rate near 6%. (id:66635)

Summarizing the highlights...

MLS® 40811507Listing courtesy of Chestnut Park Realty Southwestern Ontario Ltd., BrokerageView on map Street view

Property Details

Facts & features.

Property type: Office
Ownership: Freehold
Size: 5,500 sqft
Storeys: 2
Parking: 13 spaces
Listed on: 2026-03-12
Days on market: 125
MLS number: 40811507
Data source: Cornerstone Association of REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

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My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$16,345

$2,796,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$16,345

Cash flow

-$16,345

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Hamilton right now

507

Active listings

643

New this week

$664,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Hamilton.

Household and demographic stats for Hamilton, from the Statistics Canada 2021 Census.

569,353
Population (2021): 40.8
Median age: 222,810
Households: 2.5
Avg household size: 65.7%
Home ownership: $86,000
Median household income

Hamilton market trends

The immediate block around this home (right here): about 466 residents in 180 homes, 2,590 people/km² (urban).

Source: Statistics Canada 2021 Census, Hamilton, City, Ontario; block-level figures from dissemination area 35250384.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

Sts. Peter and Paul Catholic Elementary School
catholic · elementary
350 m
St. Charles Catholic Adult Secondary School
catholic · secondary
370 m
Queensdale School
public · elementary
370 m
Buchanan Park School
public · elementary
1.1 km
Norwood Park Elementary School
public · elementary
1.1 km
Hillfield Strathallan College
independent · k12
1.3 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Rental Market

Renting nearby.

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.