947 Main Street E, Hamilton, Ontario L8M 2J5

Listed for:
$1,699,000
7 beds
7 baths
Listed 2 days ago
947 Main Street E, Hamilton, Ontario L8M 2J5

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About

Between Balsam Ave S and Connaught Ave S., A Rare and exceptional downtown Hamilton investment opportunity not to be missed! This meticulously owner-operated 7-unit building comprising all self-contained one-bedroom units has been maintained since 2008 and underwent a complete gut renovation across every floor, delivering a truly turnkey asset in clean, move-in ready condition. Spanning approximately 4,580 sq ft across four levels (basement 1,425 sq ft · main 1,689 sq ft · 2nd 1,061 sq ft · 3rd 405 sq ft), the property features comprehensive 2 lb spray foam insulation across all levels, in-floor heating throughout, a German boiler system that efficiently serves both building heat and hot water, a single car garage with side door, separately metered hydro for 5 of 7 units, parking for 5 vehicles, and additional laundry income. What truly sets this property apart is its coveted C2 zoning, opening the door to a commercial component on the main floor — whether a boutique retail shop, café, professional office, or personal service use — while the live-work opportunity allows an owner-occupant to run their business from the ground floor while residing above, dramatically reducing overhead and maximizing lifestyle flexibility. Positioned in an excellent central downtown location with outstanding visibility along a high-traffic corridor, this building benefits from strong daily foot traffic, exceptional signage exposure, and effortless access to Hamilton’s vibrant amenities, restaurants, and transit routes. A true turnkey investment with significant upside, and opportunities like this are few and far between! (id:27476)

Property Highlights

MLS® Number
40841000
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
5

Building

Storeys
2.50
Square Footage
3155 sqft
Bathrooms Total
7
Bedrooms Total
7
Amenities
Park, Place of Worship, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Building Cooling Type
Ductless, Wall unit

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
RE/MAX Real Estate Centre Inc.
MLS® number:
40841000
Agent:
Jennifer Syer
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Street Spotlight - For sale