$1,599,000
( $278.09Per Sq Foot )
 $8,584 est/mo Sourced by Back At You

1123 Main Street , Hamilton, ON L8M 1P2

Hamilton, ON L8M 1P2

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Description

This Rare Mixed-Use, Multi-Unit Property At 1123 Main St East Offers An Exceptional Investment Opportunity In One Of Hamilton's Busiest Areas. Featuring Four Residential Units (Two 2-Bedroom And Two 3-Bedroom), Alongside A Long-Standing Retail Tenant, This Fully Tenanted Building Promises A Strong And Stable Income Stream. Recent Upgrades And Meticulous Maintenance Make This A Low-Hassle Investment, While Its Proximity To McMaster University And Mohawk College Ensures Steady Demand From A Wide Tenant Pool. With A Cap Rate Nearing 8%, This Property Stands Out As A High-Yield Asset, With Significant Potential To Increase Income By Adding More Units Or Enhancing Existing Spaces. This Is An Unparalleled Opportunity To Secure A Property That Combines Immediate Income Potential With Room For Long-Term Growth.

Details

MLS#X9511806
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site107
Listing Provided ByCENTURY 21 BEST SELLERS LTD. | Not Provided

Features

SQ Feet5,750
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

StateON
CountyHamilton
CityHamilton
Zip CodeL8M 1P2
AreaCrown Point
Listing VS Median (in L8M 1P2)
Price:
$1,599,000
low | high
Med:
$1,599,000
50% of Average
SqFt:
5,750
low | high
Med:
5,750
50% of Average
$ / SqFt:
$278
low | high
Med:
$278
50% of Average
On Site:
107
low | high
Med:
107.000000
100% of Average
Sourced by Back At You
Listing Updated: January 29, 2025 at 11:47:43 PM PST