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$615,000
Available - For Sale
Listing ID: X12901832
1047 Main Street East , Hamilton, L8M 1N5, Hamilton
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.
Price $615,000
Taxes: $5,107.44
Occupancy by: Vacant
Address: 1047 Main Street East , Hamilton, L8M 1N5, Hamilton
Directions/Cross Streets: Main Street East and Gage Avenue
Rooms: 16
Bedrooms: 3
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Separate Ent
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Foyer 7.25 7.12
Room 2: Main Office 12.20 24.01
Room 3: Main Kitchen 8.46 8.50
Room 4: Main Family Ro 11.74 11.87
Room 5: Main Bedroom 9.41 12.27
Room 6: Second Dining Ro 11.84 12.23
Room 7: Second Family Ro 10.82 15.78
Room 8: Second Kitchen 9.05 18.30
Room 9: Second Office 9.12 9.25
Room 10: Third Primary B 16.79 16.24
Room 11: Third Bedroom 10.36 8.23
Room 12: Basement Utility R 20.01 7.05
No. of Pieces Level
Washroom 1 2 Main
Washroom 2 4 Main
Washroom 3 2 Second
Washroom 4 4 Third
Washroom 5 0
Washroom 6 2 Main
Washroom 7 4 Main
Washroom 8 2 Second
Washroom 9 4 Third
Washroom 10 0
Washroom 11 2 Main
Washroom 12 4 Main
Washroom 13 2 Second
Washroom 14 4 Third
Washroom 15 0
Washroom 16 2 Main
Washroom 17 4 Main
Washroom 18 2 Second
Washroom 19 4 Third
Washroom 20 0
Washroom 21 2 Main
Washroom 22 4 Main
Washroom 23 2 Second
Washroom 24 4 Third
Washroom 25 0
Washroom 26 2 Main
Washroom 27 4 Main
Washroom 28 2 Second
Washroom 29 4 Third
Washroom 30 0
Washroom 31 2 Main
Washroom 32 4 Main
Washroom 33 2 Second
Washroom 34 4 Third
Washroom 35 0
Property Type: Detached
Style: 3-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 1
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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