Unknown for 1221-1223 Main St, Hamilton Ontario L8K 1A5
15 days on Market

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

Townhouse
-
3
~3890 sqft
$1,159,900
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Townhouse
-
3
~3890 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$298/sqft

Est. Mortgage$4,981/mo

Tax Amount (2024)$5,200/yr

Days On Market15 days


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! Contact our office today for a copy of our investors package, or to schedule a private tour. Let's discuss how you can secure this prime multi-unit property for your portfolio.


Property Details

StyleResidential Income
View-
Age of property1970
SqFt~3890 SqFt
Lot Size3,000 SqFt(100 x 30)
Parking Spaces3
MLS ®Number40688274
Community NameDelta East
Data SourceITSO
Listing byRE/MAX Escarpment Golfi Realty Inc.

Features

Heating: Baseboard, Electric
Basement: Partial, Unfinished

Features

Lot size: 3,000 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Jan 7, 2025
ListedActive
$1,159,900
15 days on market
history photo preview26
Listing by itso®
Property listed by RE/MAX Escarpment Golfi Realty Inc., Brokerage

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Population and Demographics

Overview

Total population 3540
Average household income $113,619

Age (%)

35 to 49
23%
50 to 64
21%
0 to 19
21%
20 to 34
20%
65 and plus
15%

Household composition (%)

Single family
65%
Single person
29%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
91%
Others
3%
Italian
2%
French
1%
Spanish
1%
Polish
1%

House tenancy (%)

Owners
74%
Renters
26%

Schools and amenities

Estimated Budget