Property Information:
Welcome to 1047 Main Street East, an exceptional mixed-use triplex in the heart of Hamilton's vibrant Crown Point neighbourhood, offered fully vacant for maximum rental flexibility. This turnkey property features a street-facing commercial space and two self-contained residential units, with separate entrances and over 2,300 sq. ft. of total space. Recent upgrades include a new roof (2024), boiler (2021), back deck (2025), renovated bathrooms, flooring, and commercial interiors. With flexible C2 zoning and a future LRT stop right at your doorstep, this property is ideal for investors seeking strong cash flow, appreciation potential, and mixed-use diversification. Projected rents range from $4,300 - $5,100/month, and the projected NOI sits between $42,000-$45,000 annually. Whether you're looking for a high-performing income property or a live-work opportunity, this one checks all the boxes. Steps to transit, shopping, parks, and amenities don't miss your chance to own in one of Hamilton's fastest-growing corridors. (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Air Conditioning:
Yes
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Amenities:
Separate Hydro Meters
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Basement Development:
Unfinished
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Basement Type:
N/A, N/A
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Construction Style - Attachment:
Detached
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Exterior Finish:
Brick
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Floor Space:
2000 - 2500 sqft
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Foundation Type:
Concrete
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Heating Type:
Radiant heat
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Heating Fuel:
Natural gas
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Cooling Type:
Wall unit