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468-476 MAIN STREET E, Hamilton (Stinson) — listed at $3,100,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Strategically positioned in Hamilton's historic Stinson neighbourhood, this 16-unit multi-residential asset offers investors a rare blend of scale, stability, and upside. With 12 on-site parking spaces, strong tenant appeal, and frontage along a major arterial route, the property is primed for consistent cash flow and long-term appreciation. Located at 468-476 Main Street East, the building sits within a high-demand rental pocket just minutes from downtown Hamilton, transit hubs, hospitals, and schools. (id:60164)
What's the parking situation?+
This property includes 12 spaces — No Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,968.64, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What makes this a luxury property?+
At $3,100,000, standout features include 16 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
How is the home heated? Is it efficient?+
Heating is radiant heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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