Unknown for 1221 - 1223 MAIN St, Hamilton Ontario L8K 1A5
22 days 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 Market22 days


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 Hamiltons thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand.


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 History

Feb 1, 2025
ListedActive
$1,159,900
22 days on market
history photo preview26
Listing by trreb®
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