947 Main E Street, Hamilton, ON L8M 2J5

Listing courtesy of RE/MAX Real Estate Centre Inc..

$1,699,000
7
BD
7
BA
3,155
SqFt

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List Price
$1,699,000
Status
ACTIVE
Days on Market
30
MLS® #
40841000
Subtype
Residential Income
Bedrooms
7
Bathrooms
7
Living Area
3,155
Subdivision
202 - Gibson/Stipley South
Neighborhood
202 - Gibson/Stipley South
MLS Area Major
Hamilton

Property Description

STRONG VTB OPTIONS AVAILABLE! A Rare and exceptional downtown Hamilton investment opportunity not to be missed! This meticulously owner-operated 7-unit building comprising all self-contained one-bedroom units has been maintained since 2008 and underwent a complete gut renovation across every floor, delivering a truly turnkey asset in clean, move-in ready condition. Spanning approximately 4,580 sq ft across four levels (basement 1,425 sq ft · main 1,689 sq ft · 2nd 1,061 sq ft · 3rd 405 sq ft), the property features comprehensive 2 lb spray foam insulation across all levels, in-floor heating throughout, a German boiler system that efficiently serves both building heat and hot water, a single car garage with side door, separately metered hydro for 5 of 7 units, parking for 5 vehicles, and additional laundry income. What truly sets this property apart is its coveted C2 zoning, opening the door to a commercial component on the main floor — whether a boutique retail shop, café, professional office, or personal service use — while the live-work opportunity allows an owner-occupant to run their business from the ground floor while residing above, dramatically reducing overhead and maximizing lifestyle flexibility. Positioned in an excellent central downtown location with outstanding visibility along a high-traffic corridor, this building benefits from strong daily foot traffic, exceptional signage exposure, and effortless access to Hamilton’s vibrant amenities, restaurants, and transit routes. A true turnkey investment with significant upside, and opportunities like this are few and far between!

Additional Information

Exterior Features
Balcony
Zoning
C2
Appliances
Refrigerator, Stove
Heating
Radiant
Air Conditioning
Ductless, Wall Unit(s)
Stories
2
Roof
Asphalt Shing
Foundation
Stone
Parking Features
Detached Garage, Asphalt
Garage Spaces
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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