947 Main Street E Hamilton, Ontario L8M 2J5

$1,699,000

A Rare and exceptional downtown Hamilton investment opportunity not to be missed! This meticulously owner-operated 7-unit building comprising all self-contained one-bedroom units has been maintained since 2008 and underwent a complete gut renovation across every floor, delivering a truly turnkey asset in clean, move-in ready condition. Spanning approximately 4,580 sq ft across four levels (basement 1,425 sq ft · main 1,689 sq ft · 2nd 1,061 sq ft · 3rd 405 sq ft), the property features comprehensive 2 lb spray foam insulation across all levels, in-floor heating throughout, a German boiler system that efficiently serves both building heat and hot water, a single car garage with side door, separately metered hydro for 5 of 7 units, parking for 5 vehicles, and additional laundry income. What truly sets this property apart is its coveted C2 zoning, opening the door to a commercial component on the main floor — whether a boutique retail shop, café, professional office, or personal service use — while the live-work opportunity allows an owner-occupant to run their business from the ground floor while residing above, dramatically reducing overhead and maximizing lifestyle flexibility. Positioned in an excellent central downtown location with outstanding visibility along a high-traffic corridor, this building benefits from strong daily foot traffic, exceptional signage exposure, and effortless access to Hamilton’s vibrant amenities, restaurants, and transit routes. A true turnkey investment with significant upside, and opportunities like this are few and far between! (id:19593)

Property Details

MLS® Number	40841000
Property Type	Multi-family
Amenities Near By	Park, Place Of Worship, Public Transit, Schools
Features	Paved Driveway, Laundry- Coin Operated
Parking Space Total	5

Building

Bathroom Total	7
Bedrooms Total	7
Basement Development	Finished
Basement Type	Full (finished)
Cooling Type	Ductless, Wall Unit
Exterior Finish	Brick
Foundation Type	Stone
Heating Type	Radiant Heat
Stories Total	3
Size Interior	3,155 Sqft
Utility Water	Municipal Water

Parking

Detached Garage

Land

Access Type	Highway Access
Acreage	No
Land Amenities	Park, Place Of Worship, Public Transit, Schools
Sewer	Municipal Sewage System
Size Depth	90 Ft
Size Frontage	46 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	C2

https://www.realtor.ca/real-estate/29964615/947-main-street-e-hamilton