About this home
Property Details: - Type: Multiplex - Bedrooms: 0 - Bathrooms: 0 - MLS#: X13209002 Listed By: REVEL REALTY INC.
Power of sale opportunity with exceptional redevelopment and income potential. Situated on a substantial 67.32 x 163.84 ft lot (0.25 acres) along a key transit corridor, this C2-zoned property offers nearly 3,000 sq ft above grade and is being sold stripped to the studs with permits already in place for a 4-5 unit conversion. Ideal for investors, developers, or owner-operators seeking flexibility, scale, and long-term upside.The property features a rare rear double detached garage seamlessly connected to an approximate 1,200 sq ft warehouse space with impressive 13' ceilings, creating outstanding potential for storage, commercial use, live/work functionality, or future adaptive reuse. Ample on-site parking for 10+ vehicles further enhances usability and tenant appeal.Designed with strong income fundamentals in mind, the project is positioned for CMHC take-out financing with projected gross annual income of approximately $116,400 and 4 hydro meters already in place. Opportunity exists to convert the asset to fully residential use or maintain a mixed-use configuration under flexible C2 zoning.Large lot dimensions, transit-oriented positioning, and existing scale make this an exceptional candidate for future high-density redevelopment in a rapidly intensifying corridor. Rare opportunity to secure a value-add asset with multiple exit strategies and significant long-term upside. This multiplex home located at 822 Main Street E, Hamilton is currently for sale and has been available on Zolo.ca for 5 days. This property is listed at $749,900 with an estimated mortgage of $2,760* per month. It has 0 beds, 0 bathrooms, and is 2500-3000 square feet. The property was built in 51-99. 822 Main Street E, Hamilton is in the Blakeley neighborhood Hamilton. Stripley, St. Clair and Central are nearby neighborhoods.
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