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1047 MAIN Street E, Hamilton
2025-09-29
Quick Summary
MLS®#40773961
Property Description
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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Place of Worship, Public Transit, Schools, Shopping
Building
- Appliances: Freezer
- Architectural Style: 3 Level
- Basement Development: Unfinished
- Basement Type: Full (Unfinished)
- Construction Style: Detached
- Cooling Type: Wall unit
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 2320 sqft
- Building Type: House
- Stories: 3
- Utility Water: Municipal water
Land
- Land Size: under 1/2 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Zoning
- Description: C2
Information entered by Keller Williams Home Group Realty, Brokerage
Listing information last updated on: 2025-10-05 20:20:44
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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