For Sale

1047 Main Street, Hamilton, Ontario L8M 1N5

$650,000

1047 Main Street, Hamilton, Ontario L8M 1N5 is For Sale and has a listing price of 650,000. The property is located in the Crown Point West neighbourhood . It's been on the website for 5 Days.

  • 3
    Bedrooms
  • 1
    Bathrooms
  • MLS ID: X12781330
  • Office Name RE/MAX Icon Realty
Property Description

PRICED TO SELL. Fully vacant mixed-use triplex offering a strong live and work plus income investment opportunity with immediate ability to set market rents. The property 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 and over 2,300 sq ft of total space. Flexible C2 zoning supports a range of commercial and residential uses. Recent capital improvements include roof (2024), boiler (2021), new rear deck (2025), renovated bathrooms, updated flooring, and refreshed commercial interiors, reducing near-term capital expenditure. Located on a high-visibility corridor steps to transit, amenities, and long-term area growth with anticipated future LRT connectivity, the property also offers one on-site driveway parking space plus nearby street parking. Projected rents are $4,300 to $5,100 per month with projected NOI of $42,000 to $45,000 annually, making this a flexible asset suitable for investors seeking stable cash flow and long-term appreciation potential.

Property Details
  • Bedrooms: 3
  • MLS ID: X12781330
  • Bathrooms: 1
  • Price: $650,000
  • Lot Depth: 110
  • Transaction Types: For Sale
  • Ref ID: X12781330
  • Year Built: N/A
  • Dir / Cross St: Main Street E and Gage
  • 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
02/11/2026 X12781330 $650,000 For Sale - -
02/11/2026 X12781324 $650,000 For Sale - -
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
  • $644,456 Average List Price
    based on 1 year
  • 19 New Listings
    based on 30 days
  • 36 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.83 % Up
  • Sold (12mo) 42
  • Rented (12mo) 15

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 89 Walk Score
    Very Walkable
  • 61 Transit Score
    Good Transit
  • 71 Bike Score
    Very Bikeable
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: 11/02/2026 22:35:41
Want to see this property?