947 MAIN STREET E, Hamilton (Stipley)

2026-06-30
 

Quick Summary

Location
947 MAIN STREET E, Hamilton (Stipley), Ontario L8M1M9
Price
$1,699,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3000 - 3500 sqft
Bedrooms:
7
Bathrooms:
7
Garages:
5

MLS®#X13499426

Property Description

A Rare and exceptional downtown Hamilton investment opportunity not to be missed! This meticulously owner-operated 7-unit building comprising all self-contained one-bedroom units has been maintained since 2008 and underwent a complete gut renovation across every floor, delivering a truly turnkey asset in clean, move-in ready condition. Spanning approximately 4,580 sq ft across four levels (basement 1,425 sq ft main 1,689 sq ft 2nd 1,061 sq ft 3rd 405 sq ft), the property features comprehensive 2 lb spray foam insulation across all levels, in-floor heating throughout, a German boiler system that efficiently serves both building heat and hot water, a single garage with side door, separately metered hydro for 5 of 7 units, parking for 5 vehicles, and additional laundry income. What truly sets this property apart is its coveted C2 zoning, opening the door to a commercial component on the main floor - whether a boutique retail shop, café, professional office, or personal service use - while the live-work opportunity allows an owner-occupant to run their business from the ground floor while residing above, dramatically reducing overhead and maximizing lifestyle flexibility. Positioned in an excellent central downtown location with outstanding visibility along a high-traffic corridor, this building benefits from strong daily foot traffic, exceptional signage exposure, and effortless access to Hamilton's vibrant amenities, restaurants, and transit routes. A true turnkey investment with significant upside, and opportunities like this are few and far between! (id:32467)

Property Features

Building

  • Appliances: Water Heater, Dishwasher, Stove, Refrigerator
  • Basement Development: Finished
  • Basement Type: N/A (Finished)
  • Cooling Type: Wall unit
  • Exterior Finish: Shingles
  • Fireplace: No
  • Interior Size: 3000 - 3500 sqft
  • Building Type: Other
  • Stories: 2.5
  • Utility Water: Municipal water

Land

  • Land Size: 46.3 x 90 FT
  • Sewer: Sanitary sewer

Structure

  • Structure: Deck

Zoning

  • Description: C2

Information entered by RE/MAX REAL ESTATE CENTRE INC.
Listing information last updated on: 2026-06-30 16:15:20


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$500,000

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What is the deal exactly, with One Percent ?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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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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