$695,000
1047 Main Street E, Hamilton, ON L8M 1N5
Crown Point, Hamilton,
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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.
- HoldoverDays: 90
- Architectural Style: 3-Storey
- Property Type: Residential Freehold
- Property Sub Type: Detached
- DirectionFaces: South
- GarageType: None
- Directions: Main Street E and Gage
- Tax Year: 2025
- ParkingSpaces: 1
- Parking Total: 1
- WashroomsType1: 1
- WashroomsType1Level: Main
- WashroomsType2: 1
- WashroomsType2Level: Main
- WashroomsType3: 1
- WashroomsType3Level: Second
- WashroomsType4: 1
- WashroomsType4Level: Third
- BedroomsAboveGrade: 3
- Interior Features: Carpet Free, Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter
- Basement: Separate Entrance, Unfinished
- Cooling: Wall Unit(s)
- HeatSource: Gas
- HeatType: Radiant
- ConstructionMaterials: Brick
- Roof: Asphalt Shingle
- Pool Features: None
- Sewer: Sewer
- Foundation Details: Concrete
- Parcel Number: 172270119
- LotSizeUnits: Acres
- LotDepth: 110
- LotWidth: 30
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