959 Main Street, Hamilton, ON
Property no longer active
This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Stipley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,699,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 16 Bedrooms and 8 Bathrooms with 8 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 45.66 x 90 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- Efficient radiant heating via gas
Description
Great investment opportunity for those seeking reliable returns in Hamiltons rapidly growing east end. This solid, purpose-built 8-unit apartment building features all spacious 2-bedroom units, appealing to a broad range of tenants. Fully leased with stable cash flow, the property is ideally located on Main Street East, steps from future LRT infrastructure, offering excellent visibility, walkability, and ongoing rental demand. Well maintained and efficiently operated, the building includes separate hydro meters, private balconies, a shared laundry room, and reasonable operating costs. Combining desirable unit sizes and growth potential for added value, this is a rare chance to acquire a turnkey, income-producing asset in one of Hamiltons most promising urban corridors.
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Property Summary
This multiplex located at 959 Main Street, Hamilton is currently for sale and has been available on SousaSells for 353 days. This property is listed at $1,699,900 with an estimated mortgage of $5,658* per month. It has 16 beds, 8 bathrooms, and is 5000 + square feet. 959 Main Street, Hamilton is in the Stipley neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Hospital, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
Separate Hydro Meter
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 959 Main Street E, Hamilton, ON L8M 1N1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Hamilton, ON
For a property listed at $1,699,900 in Hamilton, the legal minimum down payment is $339,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,473 for this transaction. As this listing is in Hamilton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $30,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.