1047 Main Street E Hamilton, Ontario L8M 1N5
$615,000
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. (id:47351)
Property Details
| MLS® Number | 40812595 |
| Property Type | Retail |
| Amenities Near By | Public Transit, Schools |
| Parking Space Total | 1 |
Building
| Basement Type | Full |
| Exterior Finish | Brick |
| Stories Total | 2 |
| Size Exterior | 2319.6600 |
| Size Interior | 2,320 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 30 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C2 |
https://www.realtor.ca/real-estate/29494235/1047-main-street-e-hamilton
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March 20 2026 12:00:26
REALTORS® Association of Hamilton-Burlington
Keller Williams Home Group Realty, Brokerage, RE/MAX Icon Realty