1047 MAIN Street E Active

Hamilton,ON L8M1N5

$ 699900

3 Beds

4 Baths

2320 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,320 sqft

Price per Sqft $301

Subdivision 201 - Crown Point

MLS Listing ID 40773968

Bedrooms 3

Property Sub-Type Freehold

Property Description

Welcome to 1047 Main Street East, a fully vacant mixed-use triplex in the heart of Hamilton's sought-after Crown Point neighbourhood—perfect for investors or those seeking a live-work opportunity. This turnkey property features a street-facing commercial unit and two self-contained residential apartments with private entrances, offering over 2,300 sq. ft. of total space and zoned C2 for maximum flexibility. Recent upgrades include a new roof (2024), boiler (2021), back deck (2025), modernized commercial interiors, two renovated bathrooms, and updated flooring. With projected rents between $4,300–$5,100/month and estimated NOI of $42,000–$45,000 annually, it offers excellent income potential. Owner-occupiers can enjoy the spacious 2-bedroom upper unit while operating a business from the main-level storefront. Located directly across from iconic Gage Park—with its gardens, splash pad, greenhouse, and walking trails—and steps from the future LRT stop, this property offers strong tenant appeal, future appreciation, and unmatched lifestyle convenience in one of Hamilton's fastest-growing corridors. Whether you're looking for a versatile income property or a unique owner-occupied business opportunity, 1047 Main Street East checks all the boxes. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Radiant heat,

Cooling Wall unit

Exterior

Parking Features No

Community Features School Bus

View Y/N No

Building

Story 3

Sewer Municipal sewage system

Others

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