148 James Street S, Hamilton, ON L8P 3A2
Durand, Hamilton · Near James St South & Augusta St · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 5184 sq ft
- Lot size
- 24.5 x 120 ft
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $14,279/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- James St South & Augusta St
- Neighbourhood
- Durand
More
- MLS® number
- X14098954
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
148 James Street, Hamilton, ON L8P 3A2
Durand, Hamilton · Near James St South & Augusta St
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Listing history for 148 James Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 148 James Street S
Answers come straight from this home’s MLS® listing.
How much is 148 James Street S listed for, and what would it cost each month?
148 James Street S is listed for $1,599,000. With 20% down ($319,800), the mortgage payment would be roughly $6,450 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,640 a month, all in. That figure is an illustration, not a quote.
Is 148 James Street S freehold or a condo, and is there a monthly fee?
148 James Street S is a investment in Durand, Hamilton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 148 James Street S have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 148 James Street S?
148 James Street S is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 148 James Street S, and what is the lot size?
The lot is listed as 24.5 x 120 ft.
How is 148 James Street S heated and cooled?
Heating is gas forced air closed. Cooling is partial.
What are the property taxes for 148 James Street S?
Property taxes are $14,279 a year (2026), or about $1,190 a month.
Where is 148 James Street S?
148 James Street S is in the Durand community of Hamilton. The nearest main intersection is James St South & Augusta St. The postal code is L8P 3A2.
Is 148 James Street S still for sale?
Yes. It is an active listing (MLS® X14098954). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 148 James Street S asking?
Similar properties for sale nearby right now include 236 James Street N at $1,550,000, 236 James Street N at $1,550,000 and 195 James Street S at $1,699,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 148 James Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 148 James Street S?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Durand, picked by style, size and price.
Investment$1,550,000236 James Street N, HamiltonBeasleyCourtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LPView home →
Commercial retail$1,550,000236 James Street N, HamiltonBeasleyCourtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LPView home →
Office$1,699,900195 James Street S, HamiltonCorktownCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →Courtesy of: Corcoran Horizon Realty
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.