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618 Concession Street, Hamilton, ON L8V 1B5

Commercial Retail
$949,900

Mixed-use commercial building with ground floor office space, second floor residential apartment and attached rear warehouse/garage. Located 2 blocks west of Juravinski Hospital. C5a zoning permits a variety of uses including medical clinic, office, personal services and restaurant. Renovated main floor office consists of a front reception, 5 private offices, board room, kitchen and bathroom. Rear warehouse area suitable for indoor parking plus storage or workshop space. Second level offers a renovated 2 bedroom apartment featuring in-suite laundry and premium finishes throughout. Parking for 5 cars including 2 indoor and 3 outdoor. Separate hydro meters for main floor and upper level.

MLS number
X13769872
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
L8V 1B5
Photos
31
Property tax
$9,375 / year
3days · this listing
3days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Sacred Heart of Jesus Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary119 m5.1 / 10
51% met the standard
George L Armstrong Public School
Hamilton-Wentworth DSB
Elementary570 m5.8 / 10
58% met the standard
Cathedral High School
Hamilton-Wentworth CDSB
Secondary1.3 km5.4 / 10
54% met the standard · 2 of 6 measures
Adelaide Hoodless Public School
Hamilton-Wentworth DSB
Elementary1.1 km6.7 / 10
67% met the standard
ÉÉC Notre-Dame
CS catholique MonAvenir
Elementary1.1 km5.5 / 10
55% met the standard
St. Patrick Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary1.5 km6.4 / 10
64% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 513 people.

$66,500Median household income
50.9%Own their home
54.9%Detached houses
39.6Median age
18.1%Born outside Canada
19.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35250368 — the few blocks around this address, home to 513 people. It describes the area, not this property.

513Population
41.5Average age
2Household size
$74,500Average household income
$66,500Median household income
51%Own their home
49%Rent
0%Condominiums
18%Born outside Canada
20%University degree
$510,000Average home value
13%Low income
48%Not in the labour force
33%Never married
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9995%
$30,000 to $34,9993%
$35,000 to $39,9995%
$40,000 to $44,9995%
$45,000 to $49,9995%
$50,000 to $59,9998%
$60,000 to $69,9995%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9993%
$100,000 and over23%
$100,000 to $124,99911%
$125,000 to $149,9996%
$150,000 to $199,9995%
$200,000 and over2%

Percentages are of the 325 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$189,980 · minimum here is $69,990
$4,205.95per month
Borrowed before insurance$759,920
Total borrowed$759,920
Interest over 25 years at 4.5%$501,866

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$3,404.20per month out of pocket
Rent$1,583.00
Everything it costs to hold$4,987.20
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX ESCARPMENT REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.