$1,620,000
Available - For Sale
Listing ID: X12799532
917 Main Street East , Hamilton, L8M 1M6, Hamilton
| Well-maintained 8-suite walk-up apartment building situated along the Main Street East corridor in Hamilton's east end. The property features a desirable suite mix of 1 bachelor and 7 two-bedroom units, appealing to a broad tenant base. Current in-place rents provide approximately 15%-20% upside to market based on existing income and projections for the single vacant unit, with an average in-place rent of approximately $1,444 per month. Separately metered hydro with tenants responsible for their own electricity costs. One boiler was replaced last year, and the building includes on-site laundry owned by the vendor. Excellent connectivity with transit along Main Street East and quick access to the Red Hill Valley Parkway, QEW, and Highway 403. |
| Price | $1,620,000 |
| Taxes: | $16223.66 |
| Tax Type: | Annual |
| Assessment Year: | 2026 |
| Occupancy: | Tenant |
| Address: | 917 Main Street East , Hamilton, L8M 1M6, Hamilton |
| Postal Code: | L8M 1M6 |
| Province/State: | Hamilton |
| Directions/Cross Streets: | Main and Prospect |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 0.09 |
| Total Area Code: | Acres |
| Area Influences: | Public Transit Recreation/Comm |
| Approximatly Age: | 51-99 |
| Financial Statement: | F |
| Sprinklers: | No |
| Washrooms: | 0 |
| Soil Test: | Yes |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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| COMMERCIAL FOCUS REALTY INC. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Stipley |
| Approximate Age: | 51-99 |
| Tax: | $16,223.66 |
| Fireplace: | N |
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