1047 Main Street
Hamilton, ON
- 3 bed
- 1 bath
- 2,319 sqft
- Commercial Retail
- 204 days on market
PRICED TO SELL. Fully vacant mixed-use triplex offering a strong live and work plus income investment opportunity with immediate ability to set market rents. The property includes a street-facing main-floor commercial unit, a self-contained rear residential apartment, and a spacious 3-bedroom upper unit, all with separate entrances and over 2,300 sq ft of total space. Flexible C2 zoning supports a range of commercial and residential uses. Recent capital improvements include roof (2024), boiler (2021), new rear deck (2025), renovated bathrooms, updated flooring, and refreshed commercial interiors, reducing near-term capital expenditure. Located on a high-visibility corridor steps to transit, amenities, and long-term area growth with anticipated future LRT connectivity, the property also offers one on-site driveway parking space plus nearby street parking. Projected rents are $4,300 to $5,100 per month with projected NOI of $42,000 to $45,000 annually, making this a flexible asset suitable for investors seeking stable cash flow and long-term appreciation potential.
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Listing Details
- Taxes (2025)
- $5,107
- Listed
- February 10, 2026
Price History
Listing history
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Property
- Lot Size
- 0.08 Acres
Parking
- Garage
- None
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Main Street E and Gage
- Zoning
- C2
- Parcel Number
- 172270119
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Office / Apartment Area
- 2060 Sq Ft
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
Commercial in Hamilton · last 12 months
- Median sold price
- $680,000
- Homes sold
- 5,018
- Median days on market
- 27
- Sale-to-list price
- 97.1%
Based on 5,018 recorded sales of commercial properties in Hamilton over the last 12 months.
Listed by
RE/MAX Icon Realty
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,319 sq ft
- Price per sq ft
- $280.29
- Annual property tax
- $5,107
- Tax per sq ft
- $2.20
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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