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$650,000
Ontario,Hamilton
For Sale Active
1047 MAIN Street E, Hamilton, Ontario L8M1N5
  • 2,320 Sqft
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Basic Details
Description

PRICED TO SELL. Fully vacant mixed-use triplex offering a strong live and work plus income investment opportunity with immediate ability to set market rents. The property 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 and over 2,300 sq ft of total space. Flexible C2 zoning supports a

range of commercial and residential uses . Recent capital improvements include roof (2024), boiler (2021), new rear deck (2025), renovated bathrooms, updated flooring, and refreshed commercial interiors, reducing near-term capital expenditure. Located on a high-visibility corridor steps to transit, amenities, and long-term area growth with anticipated future LRT connectivity, the property also offers one on-site driveway parking space plus nearby street parking. Projected rents are $4,300 to $5,100 per month with projected NOI of $42,000 to $45,000 annually, making this a flexible asset suitable for investors seeking stable cash flow and long-term appreciation potential. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 40804307
  • Price: $650,000
  • Square Footage: 2,320 Sqft
  • Status: Active
  • Office Name: Re/Max Icon Realty
  • Property Sub Type: Retail
  • Office Key: 283386
Features & Appliances
Features
  • Basement: Full
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, Ontario, Hamilton, 201 - Crown Point, L8M1N5
  • Street: MAIN
  • Street Number: 1047
  • Street Suffix: Street
  • Longitude: W80° 10' 25.2''
  • Latitude: N43° 14' 39.3''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Stories: 2.0
Financial
  • Tax Annual Amount: 5107.44
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Listing updated: 2026-03-01 22:08:17
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Listing Information
  • List Agent Key: 2090942
  • List Office Key: 283386
  • Modification Timestamp: 2026-02-12T02:00:53Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-02-12T01:48:59Z
Powered by REALTOR.ca
Listing updated: 2026-03-01 22:08:18
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