983 Main Street
About this property
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.
Features & finishes
Property details
| MLS® Number | X13494508 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 0 sq ft |
| Beds / Baths | 0 bed · 18 bath |
| Neighbourhood | Crown Point |
| City | Hamilton |
| Postal Code | L8M 1N3 |
| Province | ON |
| Listed Date | June 26, 2026 |
| Days on Market | 41 |
| Brokerage | COMMERCIAL FOCUS REALTY INC. |
Location
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