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Home ON Greater Hamilton Hamilton Old Hamilton Delta East
1221-1223 MAIN Street E
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1221-1223 MAIN Street E $1,159,900
$1,159,900
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1221-1223 MAIN Street E
Hamilton, Ontario L8K1A5

MLS® Number: 40688274
3
Bedrooms
3
Bathrooms
3890
Square Feet

Listing Description

Rare Multi-Unit Investment Opportunity in Crown Point! This is your chance to secure a value-add, cash-flowing multi-unit property in the heart of Hamilton! Featuring six units in total: two 2-bedroom units, two 1-bedroom units, and two bachelor units! This building is ideally positioned near vibrant Ottawa Street, known for its trendy shops, dining, and strong rental demand. One of the 2-bedroom units has been newly renovated, boasting a sleek modern kitchen, stylish bathroom, and stainless steel appliances! a prime opportunity for increased rental income. One 1-bedroom apartment is currently vacant, with a market rent of $1,750/month, providing immediate potential for increased cash flow. With TOC1 zoning, this property offers incredible flexibility for both residential and commercial opportunities, allowing savvy investors to maximize their returns in Hamilton’s thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand. (68464051)

Location Description

Main St E & Edgemont St N

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
3890 sqft
Subdivision Name
201 - Crown Point
Title
Freehold
Land Size
under 1/2 acre
Built in
1970
Annual Property Taxes
$5,200
Total Parking Spaces
3
Time on REALTOR.ca
80 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Features
Paved driveway
Foundation Type
Block
Construction Material
Concrete block, Concrete Walls
Rental Equipment
Water Heater
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Brick, Concrete, Metal, Vinyl siding
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Hospital, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Total Parking Spaces
3

Measurements

Square Footage
3890 sqft
Above Grade Finished
3890 sqft
Source: Other

Land

Lot Features
Frontage
30 ft
Land Depth
100 ft
Other Property Information
Zoning Description
TOC1
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4
RankMyAgent Rating
30 Reviews
905-575-7700
905-575-1962
REALTOR® Website
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