$615,000

Detached

1047 Main Street, Hamilton, ON

5 DAYS
3
4
0
2000-2500
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Listed by RE/MAX Icon Realty

Property Highlights

Parking

1 space

Property Tax

$5,107/yr

Lot Size

3,300 sqft

Style

3-Storey

Basement

Separate Entr., Unfinished

Monthly Cost

$3,023/mo

About This Home

PRICED TO SELL! Fully Vacant Mixed-Use Triplex. Exceptional live-work-invest opportunity with immediate ability to set market rents. This versatile property offers over 2,300 sq ft of total space and includes a street-facing main floor commercial unit, a self-contained rear residential apartment, and a spacious 3-bedroom upper unit, all with separate entrances for added flexibility. Flexible C2 zoning permits a wide range of commercial and residential uses, making it ideal for investors, entrepreneurs, or owner-operators looking to run a business while generating rental income. Recent capital improvements include roof (2024), boiler (2021), new rear deck (2025), renovated bathrooms, updated flooring, and refreshed commercial interiors, helping reduce near-term capital expenses. Located along a high-visibility corridor just steps to transit, amenities, and everyday conveniences, with strong long-term growth potential and anticipated future LRT connectivity. The property also offers one driveway parking space plus convenient nearby street parking. Projected rents of $4,300-$5,100/month with an estimated NOI of $42,000-$45,000 annually, making this a compelling opportunity for investors seeking cash flow, flexibility, and long-term appreciation.

Monthly Cost

Monthly Mortgage$2,597
Property Tax ($5,107/yr)$426
Total$3,023

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Family Room: 3.58m × 3.62m
Foyer: 2.21m × 2.17m
Office: 3.72m × 7.32m
Bedroom: 2.87m × 3.74m
Kitchen: 2.58m × 2.59m

Second Level

Office: 2.78m × 2.82m
Family Room: 3.30m × 4.81m
Dining Room: 3.61m × 3.73m
Kitchen: 2.76m × 5.58m

Third Level

Bedroom: 3.16m × 2.51m
Primary Bedroom: 5.12m × 4.95m

Basement Level

Utility Room: 6.10m × 2.15m

Listing Presented By

Iryna Tarabanovska

Iryna Tarabanovska

REALTOR®

+1 (647) 570-8221
iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage