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$615,000
Ontario,Hamilton
For Sale Active
1047 MAIN Street E, Hamilton, Ontario L8M1N5
  • 3
  • 4
  • 2,320 Sqft
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 40812609
  • Price: $615,000
  • Bedrooms: 3
  • Bathrooms: 4
  • Half Bathrooms: 2
  • Square Footage: 2,320 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 283386
Features & Appliances
Features
  • Heating System: Natural gas, Radiant heat
  • Cooling System: Wall unit
  • Basement: Full, Unfinished
  • Architectural Style: 3 Level
  • 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' 25.1''
  • Latitude: N43° 14' 39.7''
  • Street Dir Suffix: East
Additional Information
  • Water Source:
  • Community Features:
  • Number Of Units Total: 3
  • Stories: 3.0
Financial
  • Tax Annual Amount: 5107
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Listing updated: 2026-03-20 05:50:51
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Listing Information
  • List Agent Key: 2090942
  • List Office Key: 283386
  • Modification Timestamp: 2026-03-20T00:10:44Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-03-20T00:00:26Z
Powered by REALTOR.ca
Listing updated: 2026-03-20 05:50:51
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