For Sale

1221 MAIN Street Unit# 1221, Hamilton, Ontario L8K1A5

$1,159,900

1221 MAIN Street Unit# 1221, Hamilton, Ontario L8K1A5 is For Sale and has a listing price of 1,159,900. The property is located in the Delta East neighbourhood. It's been on the website for 46 Days.

  • Multi-family
    Property Type
  • 3
    Bedrooms
  • 3
    Bathrooms
  • 3
    Parking Spaces
  • MLS ID: 40688274
  • Office Name RE/MAX Escarpment Golfi Realty Inc.
Property 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 Hamilton’s thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand. (id:43137)

Property Details
  • Bedrooms: 3
  • MLS ID: 40688274
  • Bathrooms: 3
  • Price: $1,159,900
  • Transaction Types: For Sale
  • Ref ID: 27775777
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
01/07/2025 40688274 $1,159,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Delta East
  • $882,531 Average List Price
    based on 1 year
  • 23 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.47 % Up
  • Sold (12mo) 21
  • Rented (12mo) 6

  • 1 Month Change +19.2%
  • 3 Month Change -8.5%
  • 6 Month Change -2.5%
Walkscore
Property Type Distribution
  • All Houses
    83.08%
  • Commercial
    7.32%
  • Condo
    9.6%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Electric
  • Basement2 Partial (unfinished)
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Exterior Brick, Concrete, Vinyl Siding, Aluminum Siding, Metal
  • Cooling System None
  • Total Parking Spaces: 3
  • Property Features Paved Driveway
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 07/01/2025 00:00:00
  • Zoning Alberta
  • Agent Name: Rob Golfi
  • Address Subdivision: 201 - Crown Point
  • Last Updated: 19/02/2025 18:07:24
Open House Dates
  • 1. 01/03/2025 (Start time: 12:00 AM - End time: 2:00 PM)
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