For Sale

1047 Main Street, Hamilton, Ontario L8M 1N5

$615,000

1047 Main Street, Hamilton, Ontario L8M 1N5 is For Sale and has a listing price of 615,000. The property is located in the Crown Point West neighbourhood . It's been on the website for 1 Day.

  • 3
    Bedrooms
  • 1
    Bathrooms
  • MLS ID: X12901830
  • Office Name RE/MAX Icon Realty
Property Description

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.

Property Details
  • Bedrooms: 3
  • MLS ID: X12901830
  • Bathrooms: 1
  • Price: $615,000
  • Lot Depth: 110
  • Transaction Types: For Sale
  • Ref ID: X12901830
  • Year Built: N/A
  • Dir / Cross St: Main Street E and Gage Ave
  • Status: Active
  • Tax Year: 2025
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
03/19/2026 X12901832 $615,000 For Sale - -
03/19/2026 X12901830 $615,000 For Sale - -
02/11/2026 X12781330 $650,000 For Sale - -
02/11/2026 X12781324 $650,000 For Sale 03/19/2026 -
01/07/2026 X12670316 $695,000 For Sale 02/11/2026 -
09/29/2025 X12431596 $699,900 For Sale - -
09/02/2025 X12374408 $799,900 For Sale 09/26/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Crown Point West
  • $614,271 Average List Price
    based on 1 year
  • 20 New Listings
    based on 30 days
  • 36 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.03 % Up
  • Sold (12mo) 40
  • Rented (12mo) 16

  • 1 Month Change -
  • 3 Month Change +16.7%
  • 6 Month Change -7.3%
Walkscore
Additional Details
  • Heat Type Radiant
  • Heat Source Gas
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 1
  • Kitchen 2
  • Taxes: $5,107
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 19/03/2026 23:30:11
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