For Sale: 38 Hess Street S, Hamilton, ON - REW
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$1,699,900
2 bd • 2 ba • 3001 sf • Multifamily
38 Hess Street S
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$1,699,900
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38 Hess Street SHamilton, ON, L8P 3N1

Central Hamilton
  • 2 Bed
  • 2 Bath
  • 3001 Sqft
  • Multifamily

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.
Listed by: Sam Stogiannes, RE/MAX Escarpment Realty Inc.

Home facts and features

Price details
List Price
$1,699,900
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Gross Taxes for 2026
$15,874
Home facts
Bedrooms
2
Full Bathrooms
2
Parking Spaces
2
Property Type
Multifamily
Lot Size
26 ft x 124 ft (3325 ft²)
Depth
124.5
Frontage
26.7
Heating Type
Forced Air
Cooling
Central Air
Basement Details
Full,Unfinished
Features
In-suite, Other
Appliances
2 Fridge, 2 Stove, Dishwasher
Community
Agent details
Primary Agent
Primary Broker
RE/MAX Escarpment Realty Inc.
Secondary Agent
Secondary Broker
RE/MAX ESCARPMENT REALTY INC.
Listing details
Days on REW
43 Days
MLS® Number
40820497
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
Interest Rate
3.99%

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Property Insights

Central Junior Public School
  • Public
  • JK - 5
Central Public School
  • Public
  • JK - 8
Sir John A Macdonald School
  • Public
  • 9 - 12
Hess Street Junior Public School
  • Public
  • JK - 8
Ryerson Middle School
  • Public
  • 6 - 8
Turning Point School
  • Public
  • 9 - 12
Bronston Canadian Academy
  • Private
  • K - 12
Southern Ontario Collegiate
  • Private
  • 9 - 12
Strathcona Junior Public School
  • Public
  • JK - 5
St. Joseph Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Sam Stogiannes
Phone:
(905) 574-4600
Cell:
(905) 541-4069
Office:
905-573-1188
Denis Ibrahimagic
Phone:
(905) 639-7676
Office:
905-631-8118
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