1221 MAIN Street
Hamilton, Ontario
6 bed • 6 bath • Multi-family
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! Contact our office today for a copy of our investors package, or to schedule a private tour. Let's discuss how you can secure this prime multi-unit property for your portfolio.
Price History
Schools
Elementary
- Memorial Elementary School Public School0.2 km
Public · Hamilton-Wentworth DSB · 360 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 30% met the provincial standard
- St. John the Baptist Catholic Elementary School0.4 km
Catholic · Hamilton-Wentworth CDSB · 395 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 44% met the provincial standard
- A M Cunningham Junior Public School0.5 km
Public · Hamilton-Wentworth DSB · 450 students
Grade 3 reading: 68% met the provincial standard
Secondary
- Bernie Custis Secondary School Secondary School1.3 km
Public · Hamilton-Wentworth DSB · 955 students
Grade 10 literacy: 65% met the provincial standard
- Sherwood Secondary School1.7 km
Public · Hamilton-Wentworth DSB · 1255 students
Grade 10 literacy: 79% met the provincial standard
- Sir Winston Churchill Secondary School1.9 km
Public · Hamilton-Wentworth DSB · 790 students
Grade 10 literacy: 56% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L8K
- Population
- 32,598
- Private dwellings
- 14,405
- Median age
- 42.4
- Average household size
- 2.3
- Median household income
- $75,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Hamilton · last 12 months
- Median sold price
- $683,000
- Homes sold
- 5,007
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,007 recorded sales of multi-family properties in Hamilton over the last 12 months.
Location
Mortgage Calculator
$219,600
Estimated Monthly Payment
$5,394
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,394/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.
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