About this home
Property Details: - Type: Detached - Bedrooms: 3 - Bathrooms: 4 - MLS#: X12901832 Listed By: RE/MAX ICON REALTY
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. This detached home located at 1047 Main Street E, Hamilton is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $615,000 with an estimated mortgage of $2,264* per month. It has 3 beds, 4 bathrooms, and is 2000-2500 square feet. 1047 Main Street E, Hamilton is in the Crown Point neighborhood Hamilton. Crown Point West, Crown Point East and Normanhurst are nearby neighborhoods.
Property facts
Location
Similar homes nearby