1047 Main Street E Hamilton, Ontario L8M 1N5
$820,000
Welcome to 1047 Main Street East, an exceptional mixed-use triplex in the heart of Hamilton's vibrant Crown Point neighbourhood, offered fully vacant for maximum rental flexibility. This turnkey property features a street-facing commercial space and two self-contained residential units, with separate entrances and over 2,300 sq. ft. of total space. Recent upgrades include a new roof (2024), boiler (2021), back deck (2025), renovated bathrooms, flooring, and commercial interiors. With flexible C2 zoning and a future LRT stop right at your doorstep, this property is ideal for investors seeking strong cash flow, appreciation potential, and mixed-use diversification. Projected rents range from $4,300 - $5,100/month, and the projected NOI sits between $42,000-$45,000 annually. Whether you're looking for a high-performing income property or a live-work opportunity, this one checks all the boxes. Steps to transit, shopping, parks, and amenities don't miss your chance to own in one of Hamilton's fastest-growing corridors. (id:54532)
Property Details
MLS® Number | X12374408 |
Property Type | Single Family |
Community Name | Crown Point |
Features | Carpet Free |
Parking Space Total | 1 |
Building
Bathroom Total | 4 |
Bedrooms Above Ground | 3 |
Bedrooms Total | 3 |
Amenities | Separate Electricity Meters |
Basement Development | Unfinished |
Basement Features | Separate Entrance |
Basement Type | N/a (unfinished) |
Construction Style Attachment | Detached |
Cooling Type | Wall Unit |
Exterior Finish | Brick |
Foundation Type | Concrete |
Half Bath Total | 2 |
Heating Fuel | Natural Gas |
Heating Type | Radiant Heat |
Stories Total | 3 |
Size Interior | 2,000 - 2,500 Ft2 |
Type | House |
Utility Water | Municipal Water |
Parking
No Garage |
Land
Acreage | No |
Sewer | Sanitary Sewer |
Size Irregular | 30 X 110 Acre |
Size Total Text | 30 X 110 Acre |
Utilities
Cable | Installed |
Electricity | Installed |
Sewer | Installed |
https://www.realtor.ca/real-estate/28799408/1047-main-street-e-hamilton-crown-point-crown-point
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Joseline Nicholas
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