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$695,000

1047 MAIN Street E, Hamilton, Ontario, L8M 1N5

MLS® # 40796810

3 Beds

Baths

2320  FEETSQ

QuickQuoteTM: Not Available

Hamilton ON, L8M 1N5

MLS® # 40796810

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Architectural Style: 3 Level
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 2320 sqft
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Freezer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 4
  • Half Bathrooms: 2
  • Amenities Nearby: Public Transit, Schools, Shopping
  • Community Features: School Bus
  • Floor Space (approx): 2320 Square Feet
  • Lot Frontage: 30 Feet
  • Zoning: C2
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 1

Rooms:

  • Office 2nd Level 9'1'' x 9'3''
  • Family 2nd Level 10'10'' x 15'9''
  • Kitchen 2nd Level 9'1'' x 18'3''
  • Dining 2nd Level 11'10'' x 12'3''
  • Bathroom 2nd Level Measurements not available
  • Bathroom 3rd Level Measurements not available
  • Primary Bedroom 3rd Level 16'9'' x 16'3''
  • Bedroom 3rd Level 10'4'' x 8'3''
  • Living Main Level 11'9'' x 11'11''
  • Kitchen Main Level 8'5'' x 8'6''
  • Bathroom Main Level Measurements not available
  • Primary Bedroom Main Level 9'5'' x 12'3''
  • Bathroom Main Level Measurements not available
  • Office Main Level 12'2'' x 24'0''

Courtesy of: Re/Max Icon Realty

REALTOR.ca  

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Location of 1047 MAIN Street E, Hamilton, Ontario, L8M 1N5

Demographic Information of 1047 MAIN Street E, Hamilton, Ontario, L8M 1N5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,038.55

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.41 %

High school certificate or equivalent

34.26 %

Apprenticeship trade certificate/diploma

6.33 %

College/non-university certificate

23.43 %

University certificate (below bachelor)

0.2 %

University Degree

15.36 %

Commuter

Travel To Work

By Car

78.28 %

By Public Transit

12.98 %

By Walking

5.54 %

By Bicycle

0.92 %

By Other Methods

2.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.62 %

Houses

82.38 %

Own Vs. Rent