$600,000
$615,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
1047 Main Street E Hamilton, ON L8M 1N5
3 Beds
4 Baths
2,319 SqFt
Key Details
Sold Price $600,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,319 sqft
Price per Sqft $258
MLS Listing ID 40812609
Sold Date 04/15/26
Style 3 Storey
Bedrooms 3
Full Baths 2
Half Baths 2
Abv Grd Liv Area 2,319
Annual Tax Amount $5,107
Property Sub-Type Single Family Residence
Source Cornerstone
Property 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
Province ON
County Hamilton
Area 20 - Hamilton Centre
Zoning C2
Direction MAIN ST E AND GAGE AVE S
Rooms
Basement Separate Entrance, Full, Unfinished
Kitchen 2
Interior
Interior Features Accessory Apartment, Separate Hydro Meters
Heating Natural Gas, Radiant
Cooling Wall Unit(s)
Fireplace No
Appliance Freezer
Laundry Shared
Exterior
Roof Type Asphalt Shing
Lot Frontage 30.06
Garage No
Building
Lot Description Urban, Place of Worship, Public Transit, School Bus Route, Schools, Shopping Nearby
Faces MAIN ST E AND GAGE AVE S
Sewer Sewer (Municipal)
Water Municipal
Architectural Style 3 Storey
Structure Type Brick
New Construction No
Others
Senior Community false
Tax ID 172270119
Ownership Freehold/None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
NEARBY SCHOOLS & BUSINESSES






