1221 - 1223 Main Street
Crown Point, Hamilton, L8K 1A5
FOR SALE
$1,098,000

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6
BEDROOMS6
BATHROOMS6
KITCHENS6
ROOMSX12904598
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Property 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! Let's discuss how you can secure this prime multi-unit property for your portfolio.
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Property Features
Other, Private
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Property Details
Address
1221 - 1223 Main Street
Community
City
Postal Code
L8K 1A5
Property Type
Multiplex, Multiplex
Lot Size
30' x 100'
Taxes
$5,200 (2025
Basement
Full, Unfinished
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Re/Max Escarpment Golfi Realty Inc.
Residential property with 6 units, investment property with Electrical(200Amp), GROSS income over 50K per YEAR. GOOD TENANT PROFILE with stable rent income.
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