view of apartment building / complex Features: apartment complex view, fence More Photos

×

    For Sale - 1083* Main Street, Hamilton, Ontario

    Est payment $0/mo
    Get pre-qualified
    Views   10
    Time on Jump  97 day

    AI Summary *

    • Recent renovations create a modern living environment for tenants.
    • Diverse range of 63 multifamily suites to attract various renters.
    • Amenities include gym, on-site parking, and laundry for tenant convenience.
    • Strong revenue potential with projected Year 1 NOI of $840,982.
    • Nearly fully vacant, allowing flexibility for new leasing strategies.




    This property presents a standout investment opportunity with its recent premium renovations and prime location. This 3-storey property offers a balanced mix of 63 modern multifamily suites: 9 studios, 25 one-bedroom, 25 two-bedroom, 3 three-bedroom, and 1 four-bedroom unit, providing appeal to a diverse tenant base. Amenity-rich, the property features a gym, on-site parking, and a laundry facility, enhancing tenant convenience and satisfaction. With a projected year 1 noi of $840,982 and revenue opportunities from laundry and parking, the property is structured for robust income generation. Tenants cover both water and hydro, effectively reducing operating costs and strengthening cash flow. Nearly fully vacant, the building provides flexibility for an investor to implement a leasing program to capture top market rents. Each suite showcases premium finishes, including luxury tiled tub surrounds, stone countertops, stainless steel appliances, high-efficiency windows, individual heating and cooling, and modern pot lights throughout. 1083 main street east combines modern living with strong income potential, making it an ideal asset for investors targeting stability and growth in hamilton's multifamily sector.
    Listing IDX13014442
    Address1083* Main Street
    CityHamilton, Ontario
    Price$1
    StyleInvestment
    Land Size0.56
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 1Heating / Cooling BaseboardSewer Sanitary+Storm

    ASAP

    Sat

    25

    Jul

    Sun

    26

    Jul

    Mon

    27

    Jul

    Tue

    28

    Jul

    Wed

    29

    Jul

    Thu

    30

    Jul

    Fri

    31

    Jul

    Sat

    1

    Aug

    Sun

    2

    Aug

    Mon

    3

    Aug

    Tue

    4

    Aug

    Wed

    5

    Aug

    Thu

    6

    Aug

    Fri

    7

    Aug

    Sat

    8

    Aug

    Sun

    9

    Aug

    Mon

    10

    Aug

    Tue

    11

    Aug

    Wed

    12

    Aug

    Thu

    13

    Aug

    Fri

    14

    Aug

    Sat

    15

    Aug

    Sun

    16

    Aug

    Mon

    17

    Aug

    Tue

    18

    Aug

    Wed

    19

    Aug

    Thu

    20

    Aug

    Fri

    21

    Aug

    Sat

    22

    Aug

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  COLLIERS

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    1126 Woodroffe Avenue
    Parkway Park - Queensway Te…
    3 Beds | 1 Baths
    $659,000
    110 24th Street
    Wasaga Beach, Ontario.
    3 Beds | 1 Baths
    $439,000
    34 Rainier Square
    Toronto, Ontario.
    4 Beds | 2 Baths
    $838,000
    15 Mechanic Street
    North Glengarry, Ontario.
    3 Beds | 3 Baths
    $415,000
    320 Turning Leaf Road
    Oakville, Ontario.
    4 Beds | 4 Baths
    $1,699,900
    307 Ridout Street
    London South, Ontario.
    5 Beds | 3 Baths
    $1,149,000
    327 Wellington Street
    St. Thomas, Ontario.
    3 Beds | 2 Baths
    $498,500
    52 Washburn Drive
    Guelph, Ontario.
    5 Beds | 4 Baths
    $1,169,000
    1026 Desert Creek Lane
    Frontenac, Ontario.
    3 Beds | 2 Baths
    $489,000
    Loading...
    1083* Main Street
    Hamilton , Ontario
    $1
    Get more info