947 Main Street E, Hamilton, Ontario L8M 1M9

Listed for:
$1,699,000
7 beds
7 baths
Listed 2 days ago
Other for rent: 947 Main Street E, Hamilton, Ontario L8M 1M9

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About

Cross Streets: Gage and Main. ** Directions: 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 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
X13499426
Type
Multi-family
Community Name
Stipley
Land Size
46.3 x 90 FT
Parking Space Total
5

Building

Building Type
Other
Storeys
2.50
Square Footage
3000 - 3500 sqft
Bathrooms Total
7
Bedrooms Above Ground
7
Bedrooms Total
7
Exterior Finish
Shingles
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Other
Building Cooling Type
Wall unit

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RE/MAX REAL ESTATE CENTRE INC.
MLS® number:
X13499426
Agent:
Jennifer Syer
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Street Spotlight - For sale