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Royal LePage
Royal LePage
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$699,900

3 Beds

4 Baths

2320 FEETSQ

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Hamilton ON, L8M 1N5

MLS® # 40773961

Property Information:

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 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, refreshed flooring, and modernized commercial interiors. With flexible C2 zoning and a future LRT stop right at your doorstep, the property is ideal for both investors and owner-occupiers. Investors will appreciate the strong cash flow, appreciation potential, and diversification, with projected rents ranging from $4,300–$5,100/month and NOI estimated at $42,000–$45,000 annually. For buyers seeking a live-work setup, the spacious upper 2-bedroom unit makes an excellent owner’s residence, while the main-level commercial storefront provides the perfect opportunity to run your own business steps from home. Whether you’re looking for a high-performing investment property or a unique live-work opportunity, 1047 Main Street East checks all the boxes. Walkable to Ottawa Street shopping, restaurants, schools, parks, and transit—don’t miss your chance to own in one of Hamilton’s fastest-growing corridors. Step outside and you’re directly across from Gage Park, one of Hamilton’s most iconic and beloved green spaces. With its lush gardens, splash pad, tropical greenhouse, walking trails, and regular community events, Gage Park adds tremendous lifestyle appeal and boosts tenant demand year-round. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Architectural Style: 3 Level
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Floor Space: 2320 sqft
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Freezer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 4
  • Half Bathrooms: 2
  • Amenities Nearby: Public Transit, Schools, Shopping
  • Community Features: School Bus
  • Floor Space (approx): 2320 Square Feet
  • Lot Frontage: 30.0 Feet
  • Zoning: C2
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 1

Rooms:

  • Office 2nd Level 9'1'' x 9'3''
  • Family 2nd Level 10'10'' x 15'9''
  • Kitchen 2nd Level 9'1'' x 18'3''
  • Dining 2nd Level 11'10'' x 12'3''
  • Bathroom 2nd Level Measurements not available
  • Bathroom 3rd Level Measurements not available
  • Primary Bedroom 3rd Level 16'9'' x 16'3''
  • Bedroom 3rd Level 10'4'' x 8'3''
  • Living Main Level 11'9'' x 11'11''
  • Kitchen Main Level 8'5'' x 8'6''
  • Bathroom Main Level Measurements not available
  • Primary Bedroom Main Level 9'5'' x 12'3''
  • Bathroom Main Level Measurements not available
  • Office Main Level 12'2'' x 24'0''

Courtesy of: Keller Williams Home Group Realty, Brokerage

REALTOR.ca  

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

Demographic Information of 1047 MAIN Street E, Hamilton, Ontario, L8M 1N5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,038.55

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.41 %

High school certificate or equivalent

34.26 %

Apprenticeship trade certificate/diploma

6.33 %

College/non-university certificate

23.43 %

University certificate (below bachelor)

0.2 %

University Degree

15.36 %

Commuter

Travel To Work

By Car

78.28 %

By Public Transit

12.98 %

By Walking

5.54 %

By Bicycle

0.92 %

By Other Methods

2.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.62 %

Houses

82.38 %

Own Vs. Rent

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