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

MLS® # 40804407

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Investment For Sale In Crown Point West, Hamilton, Ontario

$650,000

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1047 Main Street E, Hamilton, ON - Outdoor With Facade

1047 Main Street E, Hamilton, ON - Indoor Photo Showing Other Room

1047 Main Street E, Hamilton, ON - Indoor

1047 Main Street E, Hamilton, ON - Indoor Photo Showing Bathroom

1047 Main Street E, Hamilton, ON - Indoor Photo Showing Bedroom

1047 Main Street E, Hamilton, ON - Indoor Photo Showing Living Room

1047 Main Street E, Hamilton, ON - Indoor Photo Showing Dining Room

1047 Main Street E, Hamilton, ON - Indoor Photo Showing Kitchen With Double Sink

1047 Main Street E, Hamilton, ON - Indoor Photo Showing Kitchen

1047 Main Street E, Hamilton, ON - Outdoor With Deck Patio Veranda With Exterior

1047 Main Street E, Hamilton, ON - Outdoor With Deck Patio Veranda

1047 Main Street E, Hamilton, ON - Outdoor

1047 Main Street E, Hamilton, ON - Indoor Photo Showing Office

1047 Main Street E, Hamilton, ON - Indoor Photo Showing Basement

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

$650,000

Property Information:

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:27)