822 Main Street E, Hamilton, ON, L8M 1L6

CAD 749,900
For Sale MLS: X13209002

Property Details

Property Type

Multiplex

Description

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.

Location

Address

822 Main Street E, Hamilton, ON, L8M 1L6

City

Hamilton

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