983 Main Street E, Hamilton, ON L8M 1N3
Hamilton
18-suite apartment building located along Hamilton's Main Street East corridor. The property features a suite mix of 12 two-bedroom units, 4 one-bedroom units, and 2 one-bedroom-plus-den units. The asset benefits from separately metered hydro with tenants paying their own electricity and on-site laundry income. Recent capital improvements including upgrades to the boilers and roof. In-place rents are below market 15-20%. Purchasers should note that the current level of vacancy (7) may impact the availability and terms of CMHC financing until the vacant suites are leased and stabilized. 3 storey walk up frame building dating from the 1920's. $155,000 per suite and a 5.7% cap rate.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 983 Main Street E, Hamilton, ON L8M 1N3
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MLS# X13494508
Listed by COMMERCIAL FOCUS REALTY INC.
On market since Jun 26, 2026
What comparable homes actually sold for in the last 12 months.
983 Main Street E, Hamilton, ON L8M 1N3 is listed for $2,799,999 CAD.
983 Main Street E, Hamilton, ON L8M 1N3 has 18 bathrooms.
983 Main Street E, Hamilton, ON L8M 1N3 is a Investment.
983 Main Street E, Hamilton, ON L8M 1N3 is in Hamilton, Ontario.
983 Main Street E, Hamilton, ON L8M 1N3 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 983 Main Street E, Hamilton, ON L8M 1N3 (MLS# X13494508). You can also send a message through the contact form on this site.
