416-791-7203
, Hamilton, ON for Sale
Multi-Family - FOR SALE
1/2
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1083* MAIN STREET E
Hamilton, ON
Hamilton Central East B


HIGHLIGHTS

  • Easy connectivity to key routes including Highway 403, the Red Hill Valley Parkway, and QEW access points.
  • Excellent visibility and signage potential along a prominent streetscape.
  • Well-located commercial property situated along Main Street East, a major east–west arterial with strong daily traffic exposure.

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Dayma ItamunoalaColliersMore Info
416-791-7203

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Dayma ItamunoalaColliersMore Info
416-791-7203

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.