Unknown for 1221 - 1223 MAIN St, Hamilton Ontario L8K 1A5
14 hours on Market

1221 - 1223 MAIN St, Hamilton, Ontario L8K 1A5

Townhouse
6
6
- sqft
$1,159,900
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Townhouse
6
6
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,981/mo

Tax Amount (2024)$5,200/yr

Days On Market14 hours


Description

Rare investment opportunity in Crown Point! Here is your chance to own a value-add, multi-unit property in the heart of Hamilton. This building features six units in total, boasting a mix of two 2-bedroom units, two 1-bedroom units, and two bachelor units. Located near the vibrant and trendy Ottawa Street, this property is perfectly situated to take advantage of the area's growing demand for quality rentals. With easy access to public transit, tenants will enjoy a convenient and connected lifestyle. One of the 2-bedroom units has been newly renovated, showcasing a modern kitchen and bathroom, complete with stainless steel appliances. All units are currently tenanted with long term tenants. The TOC1 zoning allows for a wide range of commercial and residential uses. With this level of flexibility, savvy investors can explore a variety of strategies to maximize returns and capitalize on Hamilton's thriving real estate market. Don't miss out on this outstanding investment opportunity!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size3,000 SqFt(100 x 30)
Parking Spaces2
MLS ®NumberX11950262
Community NameCrown Point East
Data SourceTRREB
Listing byRE/MAX ESCARPMENT GOLFI REALTY INC.

Features

Heating: Baseboard
Basement: Full, Unfinished

Features

Lot size: 3,000 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by RE/MAX ESCARPMENT GOLFI REALTY INC., Brokerage

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Population and Demographics

Overview

Total population 5136
Average household income $88,365

Age (%)

20 to 34
22%
0 to 19
22%
35 to 49
22%
50 to 64
21%
65 and plus
13%

Household composition (%)

Single family
59%
Single person
34%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
89%
Others
3%
Spanish
2%
Portuguese
1%
Tagalog (Pilipino, Filipino)
1%
French
1%

House tenancy (%)

Owners
64%
Renters
36%

Schools and amenities

Estimated Budget