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
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 Avi Hayev at +16471112222 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.
