1047 MAIN STREET E

House
3
4
2000
1
$820,000
For sale
217 DOM

Welcome to 1047 Main Street East, an exceptional mixed-use triplex in the heart of Hamilton's vibrant Crown Point neighbourhood, offered fully vacant for maximum rental flexibility. This turnkey property features a street-facing commercial space and two self-contained residential units, with separate entrances and over 2,300 sq. ft. of total space. Recent upgrades include a new roof (2024), boiler (2021), back deck (2025), renovated bathrooms, flooring, and commercial interiors. With flexible C2 zoning and a future LRT stop right at your doorstep, this property is ideal for investors seeking strong cash flow, appreciation potential, and mixed-use diversification. Projected rents range from $4,300 - $5,100/month, and the projected NOI sits between $42,000-$45,000 annually. Whether you're looking for a high-performing income property or a live-work opportunity, this one checks all the boxes. Steps to transit, shopping, parks, and amenities don't miss your chance to own in one of Hamilton's fastest-growing corridors. (id:50762)

Property Details
Property Type
Single Family
Building Type
House
Ownership
Condominium / Strata
Community
Crown Point
Storeys
3
Construction Year
-
Parking Type
No Garage
MLS ID
X12374408
Listing Date
02/09/2025
Amenities
  • Separate Electricity Meters
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Yinan Xia, MBA

Yinan is a registered real estate broker in Ontario, Canada who specializes in providing real estate transaction & advisory services to clients in the Greater Toronto Area, covering both residential and commercial sectors for resale, lease, pre-construction and assignment transactions.

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