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903-909 MAIN STREET E, Hamilton (Stipley) — listed at $4,700,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Mixed-use investment opportunity in the heart of Hamilton's bustling Main Street corridor. This well-maintained building features 16Prime mixed-use investment opportunity along Hamilton's Main Street corridor. This well-maintained building features 18 residential units and 2 commercial spaces, including an operating laundromat and one vacant storefront. Several vacant residential units provide immediate value-add potential, allowing investors to set market rents from day one and significantly increase income. The laundromat offers steady cash flow and may be operated as-is or sold separately for added flexibility. Pride of ownership throughout with minimal deferred maintenance. Ideally positioned along the upcoming LRT route, supporting long-term appreciation and tenant demand. A rare chance to acquire a turnkey asset with both stability and upside. residential units ( comprised of one-bedrooms and bachelors) plus ground-floor commercial storefront, offering multiple income streams and strong rental demand. A turnkey asset with pride of ownership throughout, this property delivers stable cash flow, minimal maintenance concerns, and excellent upside potential through future rent growth. Ideally located steps to transit, shopping, and amenities, ensuring consistent tenancy. A rare chance to add a solid, income-producing building to your portfolio. (id:60164)
What makes this a luxury property?+
At $4,700,000, standout features include 10000 sq ft. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $26,727, heating is forced air. 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.
Who is 903-909 MAIN STREET E best suited for?+
With null bedrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
How is the home heated? Is it efficient?+
Heating is forced air. Ask for past utility bills to understand real heating costs.
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