38 Hess Street S, Hamilton, ON L8P 3N1
Central, Hamilton · Near Main St · View map
About this home
An extraordinary and rarely available opportunity to acquire a prominent 2.5-storey, multi-unit asset in the heart of Hamilton's most coveted entertainment enclave-Hess Village. This distinguished mixed-use property comprises a ground-floor commercial space, three well-proportioned residential suites, and an expansive, unspoiled lower level with full potential for additional residential conversion, subject to approvals. The offering is further enhanced by dedicated rear parking-an increasingly valuable feature in this high-demand urban setting. The current income profile includes a commercial tenancy generating approximately $5,000 per month, complemented by residential suites consisting of a studio at $775 per month and two one-bedroom-plus-den units at $1,400 per month each. All tenancies are significantly below prevailing market rates, presenting a compelling opportunity for strategic rental repositioning and long-term income growth. The property can be delivered with vacant possession, affording complete flexibility for investors, end-users, or those seeking a refined live-work environment tailored to their vision. Ideally situated just steps from the newly revitalized TD Coliseum, the asset benefits from consistent and elevated foot traffic driven by concerts, sporting events, and premier live performances. Surrounding establishments thrive during event cycles, underscoring the enduring strength and desirability of this location. A truly versatile and upscale investment opportunity-offering immediate income, substantial upside, and the ability to reposition or curate a bespoke mixed-use asset within one of Hamilton's most dynamic and evolving districts.
The home
- Type
- Investment
- Square footage
- 3001 sq ft
- Lot size
- 26.8 x 124.5 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $15,874/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Main St
- Neighbourhood
- Central
More
- MLS® number
- X13044404
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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.
Schools nearby
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Your commute
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Listing history for 38 Hess 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 38 Hess Street S
Answers come straight from this home’s MLS® listing.
How much is 38 Hess Street S listed for, and what would it cost each month?
38 Hess Street S is listed for $1,599,900. With 20% down ($319,980), the mortgage payment would be roughly $6,454 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,776 a month, all in. That figure is an illustration, not a quote.
Is 38 Hess Street S freehold or a condo, and is there a monthly fee?
38 Hess Street S is a investment 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 38 Hess 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 38 Hess Street S?
38 Hess Street S is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 38 Hess Street S, and what is the lot size?
The lot is listed as 26.8 x 124.5 ft.
How is 38 Hess Street S heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 38 Hess Street S?
Property taxes are $15,874 a year (2025), or about $1,323 a month.
Where is 38 Hess Street S?
38 Hess Street S is in the Central community of Hamilton. The nearest main intersection is Main St. The postal code is L8P 3N1.
Is 38 Hess Street S still for sale?
Yes. It is an active listing (MLS® X13044404). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 38 Hess Street S asking?
Similar properties for sale nearby right now include 70 Webster Road at $1,599,999, 148 James Street S at $1,599,000 and 289-293 KENILWORTH Avenue N at $1,598,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 38 Hess 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 38 Hess 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
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Land$1,599,99970 Webster Road, Hamilton3 bath · GershomeCourtesy of: RE/MAX REAL ESTATE CENTRE INC.View home →
Investment$1,599,000148 James Street S, HamiltonDurandCourtesy of: Corcoran Horizon RealtyView home →
Investment$1,598,000289-293 KENILWORTH Avenue N, HamiltonCrown PointCourtesy of: Corcoran Horizon RealtyView home →Courtesy of: RE/MAX ESCARPMENT REALTY INC.
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.