Hamilton House For Sale - 1047 Main Street E, Hamilton, ON L8M 1N5

1047 Main Street E, Hamilton, ON L8M 1N5

$615,000
3 Beds 4 Baths 2000-2500 Sq.Ft.

Property Details

  • Type: Residential Freehold
  • Style: Detached
  • Area: 2000-2500 Sq.Ft.
  • Taxes: Contact Agent
  • MLS: #X12901832

Description

PRICED TO SELL! Fully Vacant Mixed-Use Triplex. Exceptional live-work-invest opportunity with immediate ability to set market rents. This versatile property offers over 2,300 sq ft of total space and includes a street-facing main floor commercial unit, a self-contained rear residential apartment, and a spacious 3-bedroom upper unit, all with separate entrances for added flexibility. Flexible C2 zoning permits a wide range of commercial and residential uses, making it ideal for investors, entrepreneurs, or owner-operators looking to run a business while generating rental income. Recent capital improvements include roof (2024), boiler (2021), new rear deck (2025), renovated bathrooms, updated flooring, and refreshed commercial interiors, helping reduce near-term capital expenses. Located along a high-visibility corridor just steps to transit, amenities, and everyday conveniences, with strong long-term growth potential and anticipated future LRT connectivity. The property also offers one driveway parking space plus convenient nearby street parking. Projected rents of $4,300-$5,100/month with an estimated NOI of $42,000-$45,000 annually, making this a compelling opportunity for investors seeking cash flow, flexibility, and long-term appreciation.

Location

Interested in this home?

Contact Victoria Brodsky for a private viewing.


Victoria Brodsky
Victoria Brodsky
Realtor in Hamilton
Call Victoria Email Enquiry