$1,699,900
Available - For Sale
Listing ID: X12315632
959 Main Stre East , Hamilton, L8M 1N1, Hamilton


Great investment opportunity for those seeking reliable returns in Hamiltons rapidly growing east end. This solid, purpose-built 8-unit apartment building features all spacious 2-bedroom units, appealing to a broad range of tenants. Fully leased with stable cash flow, the property is ideally located on Main Street East, steps from future LRT infrastructure, offering excellent visibility, walkability, and ongoing rental demand. Well maintained and efficiently operated, the building includes separate hydro meters, private balconies, a shared laundry room, and reasonable operating costs. Combining desirable unit sizes and growth potential for added value, this is a rare chance to acquire a turnkey, income-producing asset in one of Hamiltons most promising urban corridors.
Price $1,699,900
Taxes: $18695.59
Assessment Year: 2024
Occupancy: Tenant
Address: 959 Main Stre East , Hamilton, L8M 1N1, Hamilton
Acreage: < .50
Directions/Cross Streets: Gage Ave S
Rooms: 44
Bedrooms: 16
Bedrooms +: 0
Family Room: T
Basement: Finished
Washroom Type No. of Pieces Level
Washroom Type 1 4 Third
Washroom Type 2 4 Second
Washroom Type 3 4 Main
Washroom Type 4 4 Basement
Washroom Type 5 3 Basement
Washroom Type 6 4 Third
Washroom Type 7 4 Second
Washroom Type 8 4 Main
Washroom Type 9 4 Basement
Washroom Type 10 3 Basement
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Street Onl
Drive Parking Spaces: 0
Park #1
Parking Type: Street Onl
Park #2
Parking Type: Street Onl
Pool: None
Other Structures: Shed
Approximatly Age: 51-99
Approximatly Square Footage: 5000 +
Property Features: Hospital, Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY
Personal Picture
Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Stipley
Style: 3-Storey
Lot Size: x 90.00(Feet)
Approximate Age: 51-99
Tax: $18,695.59
Maintenance Fee: $0
Beds: 16
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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