1047 MAIN STREET EAST

Hamilton, , L8M1N5, Canada

$650,000

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.

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Last updated on : Monday 2nd of March 2026 05:15:38 PM

ADDRESS

Street : 1047 MAIN STREET EAST

City : Hamilton

Country : Canada

Postal Code : L8M1N5

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PROPERTY SUMMARY

Property ID : 40804407

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 4

Bathrooms : 2

Parking : 1

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