S a n d a l R e a l E s t a t e S e r v i c e s I n c , B r o k e r a g e

983 Main Street E, Hamilton, ON L8M 1N3

983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3
983 Main Street E, Hamilton, ON L8M 1N3

983 Main Street E, Hamilton, ON L8M 1N3

$2,799,999

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983 Main Street E, Hamilton, ON L8M 1N3, Hamilton, ON

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.

Property Highlights

For Sale
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    MLS NO.

    X13494508

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    Type

    Commercial

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    Sub Type

    Investment

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    Bathrooms

    18

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    Square Footage

    0.18 sqft

Complete Property Details

Property Type Commercial
Sub Type Investment
Transaction Type For Sale
Status Active
Contract Status Available
MLS® Number X13494508
Total Bathrooms 18
Security Features No
Lot Width 70.0
Lot Size 0.18
Lot Size Units Acres
Garage Type None
Cooling No
Heat Type Gas Hot Water
Internet Address Display Yn Yes
Internet Entire Listing Display Yn Yes
Full Address 983 Main Street E, Hamilton, ON L8M 1N3
City Hamilton
Neighbourhood Crown Point
County / Region Hamilton
Province / State ON
Postal Code L8M 1N3
Cross Street Main and East Bend
Directions Main
Country CA
List Price $2,799,999
Annual Taxes $41,800
Tax Year 2025
Legal Description Plan 489, Lots 8 & 9
Possession Type Immediate
Listing Office COMMERCIAL FOCUS REALTY INC.
Board Toronto Regional Real Estate Board
Original Entry 2026-06-26T16:27:05Z
Media Updated 2026-06-26T16:27:05Z
Photos Updated 2026-06-26T16:27:05Z
Last Modified 2026-06-26T16:27:05Z
System Modified 2026-06-26T16:27:06.317137Z
MLS Status New
Basement Yn Yes
Ddfyn Yes
Expiration Date 2026-09-02
Heat Type Multi Gas Hot Water
Hstapplication Not Subject to HST
Occupant Type Tenant
Originating System Id A00001796
Parcel Number 172270067
Parking Spaces 0
Public Remarks 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.
Showing Requirements Lockbox
Street Name Main
Street Number 983
Street Suffix Street
Vendor Property Info Statement No
Washrooms Type1 18