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$1,098,000Asking Price

1221-1223 MAIN Street E, Hamilton, ON L8K 1A5

Crown Point, Hamilton

Multiplex
6
Bedrooms
6
Baths
2
Parking
Days on Market

Rare investment opportunity in Crown Point! Here is your chance to own a value-add, multi-unit property in the heart of Hamilton. This building features six units in total, boasting a mix of two 2-bedroom units, two 1-bedroom units, and two bachelor units. Located near the vibrant and trendy Ottawa Street, this property is perfectly situated to take advantage of the area's growing demand for quality rentals. With easy access to public transit, tenants will enjoy a convenient and connected lifestyle. One of the 2-bedroom units has been newly renovated, showcasing a modern kitchen and bathroom, complete with stainless steel appliances. All units are currently tenanted with long term tenants. The TOC1 zoning allows for a wide range of commercial and residential uses. With this level of flexibility, savvy investors can explore a variety of strategies to maximize returns and capitalize on Hamilton's thriving real estate market. Don't miss out on this outstanding investment opportunity! Let's discuss how you can secure this prime multi-unit property for your portfolio.

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Tour this home:

Rare investment opportunity in Crown Point! Here is your chance to own a value-add, multi-unit property in the heart of Hamilton. This building features six units in total, boasting a mix of two 2-bedroom units, two 1-bedroom units, and two bachelor units. Located near the vibrant and trendy Ottawa Street, this property is perfectly situated to take advantage of the area's growing demand for quality rentals. With easy access to public transit, tenants will enjoy a convenient and connected lifestyle. One of the 2-bedroom units has been newly renovated, showcasing a modern kitchen and bathroom, complete with stainless steel appliances. All units are currently tenanted with long term tenants. The TOC1 zoning allows for a wide range of commercial and residential uses. With this level of flexibility, savvy investors can explore a variety of strategies to maximize returns and capitalize on Hamilton's thriving real estate market. Don't miss out on this outstanding investment opportunity! Let's discuss how you can secure this prime multi-unit property for your portfolio.

Key Info

  • 2-Storey Multiplex
  • 2 Parking
  • No Garage
  • Main St E and Ottawa
  • 3500-5000 Approximate Sq Feet
  • No Ensuite Laundry
  • Baseboard Electric Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $5,200 in 2025
  • Possession: Flexible

Details

  • Aluminum Siding Exterior
  • No Fireplace
  • 6 Kitchens
  •  
  • MLS #X12904598
  • RE/MAX ESCARPMENT GOLFI REALTY INC.

Extras

Room Floor Dimensions Details
1 Bathroom Main 3-PieceBath
2 Bathroom Main 3-PieceBath
3 Bathroom Main 3-PieceBath
4 Bathroom Main 3-PieceBath
Washroom6 4-Piece Bathrooms

Who lives here?

Crown Point, Hamilton is a west GTA neighbourhood notable for its singles, renters, salespeople, tradespeople and manufacturing workers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14 and adults aged 25 to 59.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Hamilton  (1.2)

Singles

54% of residents are
single and loving it.

54% singles

Hamilton (46%)

Renters

34% of residents
are renters.

34% renters

Hamilton (32%)

Education

9% of residents are
university grads.

9% university grads

Hamilton (28%)

Income

Average Household Income

$68K

is the average household
income in the neighbourhood.

Hamilton  ($106K)

Professions

Professions

Sales 19%
Trades 13%
Business 7%
Manufacturing 6%
Government 5%

Immigrants

14% of residents were
born outside of Canada.

14% immigrants

Hamilton (25%)

Birthplace - All

Caribbean was once home to 2.1% of immigrants.
UK 1.3%
Portugal 1.1%
Jamaica 1.0%
Vietnam 0.9%

2.1% from Caribbean
All-time

Birthplace - Recent

Syria was once home to 0.2% of immigrants.
Jamaica 0.1%
Cuba 0.1%
UK 0.1%
Kenya 0.1%

0.2% from Syria
Recent

Foreign Languages

Foreign Languages

Spanish 2%
French 1%
Portuguese 1%
Arabic 1%
Italian 1%

Religions

Religions

Christian 56%
Buddhist 1%