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822 MAIN Street

822 MAIN Street

Hamilton, Ontario

Multi-family

$749,900

Power of sale opportunity with exceptional redevelopment and income potential. Situated on a substantial 67.32 x 163.84 ft lot (0.25 acres) along a key transit corridor, this C2-zoned property offers nearly 3,000 sq ft above grade and is being sold stripped to the studs with permits already in place for a 4–5 unit conversion. Ideal for investors, developers, or owner-operators seeking flexibility, scale, and long-term upside. The property features a rare rear double detached garage seamlessly connected to an approximate 1,200 sq ft warehouse space with impressive 13’ ceilings, creating outstanding potential for storage, commercial use, live/work functionality, or future adaptive reuse. Ample on-site parking for 10+ vehicles further enhances usability and tenant appeal. Designed with strong income fundamentals in mind, the project is positioned for CMHC take-out financing with projected gross annual income of approximately $116,400 and 4 hydro meters already in place. Opportunity exists to convert the asset to fully residential use or maintain a mixed-use configuration under flexible C2 zoning. Large lot dimensions, transit-oriented positioning, and existing scale make this an exceptional candidate for future high-density redevelopment in a rapidly intensifying corridor. Rare opportunity to secure a value-add asset with multiple exit strategies and significant long-term upside.

Price History

Schools

Elementary

  • Adelaide Hoodless Public School0.1 km

    Public · Hamilton-Wentworth DSB · 580 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 52% met the provincial standard

  • ÉÉC Notre-Dame0.5 km

    French Catholic · CS catholique MonAvenir · 215 students

    Grade 3 reading: 23% met the provincial standard · Grade 6 math: 65% met the provincial standard

  • Prince of Wales Elementary Public School0.7 km

    Public · Hamilton-Wentworth DSB · 540 students

    Grade 3 reading: 61% met the provincial standard · Grade 6 math: 49% met the provincial standard

Secondary

  • Bernie Custis Secondary School Secondary School0.9 km

    Public · Hamilton-Wentworth DSB · 955 students

    Grade 10 literacy: 65% met the provincial standard

  • Cathedral High School1.5 km

    Catholic · Hamilton-Wentworth CDSB · 1650 students

    Grade 10 literacy: 64% met the provincial standard

  • System Alternative Education Sir Isaac Brock Secondary School2.1 km

    Public · Hamilton-Wentworth DSB · 65 students

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 L8M

Population
13,774
Private dwellings
7,096
Median age
38.4
Average household size
2.1
Median household income
$61,200

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
$682,500
Homes sold
4,995
Median days on market
27
Sale-to-list price
97.1%

Based on 4,995 recorded sales of multi-family properties in Hamilton over the last 12 months.

Location

Mortgage Calculator

$149,980

Estimated Monthly Payment

$3,684

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,684/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $187/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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