$1,159,900Asking Price
1221 - 1223 MAIN Street, Hamilton, ON L8K 1A5
Crown Point, Hamilton
Rare Multi-Unit Investment Opportunity in Crown Point! This is your chance to secure a value-add, cash-flowing multi-unit property in the heart of Hamilton! Featuring six units in total: two 2-bedroom units, two 1-bedroom units, and two bachelor units! This building is ideally positioned near vibrant Ottawa Street, known for its trendy shops, dining, and strong rental demand. One of the 2-bedroom units has been newly renovated, boasting a sleek modern kitchen, stylish bathroom, and stainless steel appliances! a prime opportunity for increased rental income. One 1-bedroom apartment is currently vacant, with a market rent of $1,750/month, providing immediate potential for increased cash flow. With TOC1 zoning, this property offers incredible flexibility for both residential and commercial opportunities, allowing savvy investors to maximize their returns in Hamiltons thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand.
Rare Multi-Unit Investment Opportunity in Crown Point! This is your chance to secure a value-add, cash-flowing multi-unit property in the heart of Hamilton! Featuring six units in total: two 2-bedroom units, two 1-bedroom units, and two bachelor units! This building is ideally positioned near vibrant Ottawa Street, known for its trendy shops, dining, and strong rental demand. One of the 2-bedroom units has been newly renovated, boasting a sleek modern kitchen, stylish bathroom, and stainless steel appliances! a prime opportunity for increased rental income. One 1-bedroom apartment is currently vacant, with a market rent of $1,750/month, providing immediate potential for increased cash flow. With TOC1 zoning, this property offers incredible flexibility for both residential and commercial opportunities, allowing savvy investors to maximize their returns in Hamiltons thriving real estate market. Long-term tenants provide stability, while the prime location ensures continued demand.
See MoreKey Info
- 2-Storey Multiplex
- 2 Parking
- No Garage
- Main St E and Ottawa
- No Ensuite Laundry
- Baseboard Electric Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $5,200 in 2024
- Possession: Flexible
Details
- Aluminum Siding Exterior
- No Fireplace
- 6 Kitchens
- MLS #X11950262
- RE/MAX ESCARPMENT GOLFI REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 6 4-Piece Bathrooms | |||
How Far is Too Far?
See personalized commute details for each listing by adding your favourite places (like work or daycare) and mode of travel.
Sign up to see commute timesAlready signed up? Sign in
Who lives here?
Crown Point, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople, tradespeople and manufacturing workers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14 and adults aged 25 to 59.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Singles
54%
of residents are
single and loving it.
54% singles
Hamilton (46%)Renters
34%
of residents
are renters.
34% renters
Hamilton (32%)Education
9%
of residents are
university grads.
9% university grads
Hamilton (28%)Income
Average Household Income
$68K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 19% |
| Trades | 13% |
| Business | 7% |
| Manufacturing | 6% |
| Government | 5% |
Immigrants
14%
of residents were
born outside of Canada.
14% immigrants
Hamilton (25%)Birthplace - All
2.1% from Caribbean
All-time
Birthplace - Recent
0.2% from Syria
Recent
Foreign Languages
Foreign Languages
| Spanish | 2% |
| French | 1% |
| Portuguese | 1% |
| Arabic | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 56% |
| Buddhist | 1% |
