201 James Street N, Hamilton, ON L8R 2L2
Central, Hamilton · Near JAMES ST N & CANNON ST · View map
About this home
Prime investment opportunity located in the heart of downtown Hamilton. This standalone mixed-use property is situated near the GO Station and all local amenities. It features a well-established restaurant space with a 40-year history, previously called Gate of India, currently leased to a new owner. The property offers strong cash flow and a favorable cap rate and includes a full basement along with two dedicated owner parking spaces at the rear. This property presents an outstanding opportunity for investors or business owners seeking income, flexibility, and long-term upside. Also, there is potential to build a high rise in the future. The buyer has to do their own due diligence for tax, sq ft, and zoning. Please do not go direct.
The home
- Type
- Commercial retail
- Square footage
- 2500 sq ft
- Lot size
- 20.6 x 123.6 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $13,610/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- JAMES ST N & CANNON ST
- Neighbourhood
- Central
More
- MLS® number
- X12928640
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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.
201 James Street, Hamilton, ON L8R 2L2
Central, Hamilton · Near JAMES ST N & CANNON ST
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Listing history for 201 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 201 James Street N
Answers come straight from this home’s MLS® listing.
How much is 201 James Street N listed for, and what would it cost each month?
201 James Street N is listed for $999,000. With 20% down ($199,800), the mortgage payment would be roughly $4,030 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,164 a month, all in. That figure is an illustration, not a quote.
Is 201 James Street N freehold or a condo, and is there a monthly fee?
201 James Street N is a commercial retail in Central, 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 201 James Street N have a garage and parking?
The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
What style of home is 201 James Street N?
201 James Street N is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 201 James Street N, and what is the lot size?
The lot is listed as 20.6 x 123.6 ft.
How is 201 James Street N heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 201 James Street N?
Property taxes are $13,610 a year (2025), or about $1,134 a month.
Where is 201 James Street N?
201 James Street N is in the Central community of Hamilton. The nearest main intersection is JAMES ST N & CANNON ST. The postal code is L8R 2L2.
Is 201 James Street N still for sale?
Yes. It is an active listing (MLS® X12928640). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 201 James Street N asking?
Similar properties for sale nearby right now include 634 Upper James Street at $999,000, 582 Upper James Street at $900,000 and 847 Upper James Street at $799,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 201 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 201 James Street N?
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 Central, picked by style, size and price.
Commercial retail$999,000634 Upper James Street, Hamilton2 bath · BonningtonCourtesy of: KELLER WILLIAMS EDGE REALTYView home →
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Sale of business$799,999847 Upper James Street, HamiltonCentremountCourtesy of: RE/MAX REAL ESTATE CENTRE INC.View home →Courtesy of: RIGHT AT HOME 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.