983 Main Street, Hamilton, ON
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Property Highlights
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Welcome to this remarkable investment located in the coveted neighborhood of Crown Point. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,799,999 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.
- 0 Bedrooms and 18 Bathrooms
- Premium 70 x 110 ft lot size
- equipped with no central cooling and highly efficient gas hot water heating
Description
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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.
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Property Summary
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This investment located at 983 Main Street, Hamilton is currently for sale and has been available for 133 days. This property is listed at $2,799,999 with an estimated mortgage of $9,320* per month. It has 0 beds, 18 bathrooms, and is unknown square feet. 983 Main Street, Hamilton is in the Crown Point neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Crown Point, Hamilton.
- •18 well-appointed bathrooms
- •Desirable Investment architecture in Crown Point, Hamilton
First-time home buyers, professionals, or investors seeking value.
Key Features
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Additional Details
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Property Details
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Parking & Garage
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Heating & Cooling
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Features
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Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
- Public Transit
Property History
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No historical data available for this property.
This could be the first listing for this address.
What is your house worth in Hamilton?
This property at 983 Main Street, Hamilton, ON has closed. If you own a home on this street or nearby in Hamilton, recent market trends and verified sold prices directly determine your home equity.
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Frequently Asked Questions about 983 Main Street, Hamilton, ON
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Q.What is the asking price for 983 Main Street, Hamilton, ON ?
The current listing price for 983 Main Street, Hamilton, ON in Crown Point, Hamilton is $2,799,999.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 18 bathrooms.
Q.What property type and architectural style is 983 Main Street, Hamilton, ON ?
983 Main Street, Hamilton, ON is a Investment () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit.
Q.What security features are installed at 983 Main Street, Hamilton, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via No.
Location
Neighborhood Safety & Crime Analytics
Crown Point, Hamilton
45 assaults (300.0/100k)
16 B&E (106.7/100k)
19 thefts (126.7/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 983 Main Street E, Hamilton, ON L8M 1N3
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Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Crown Point, Hamilton Neighborhood Guide
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Crown Point, Hamilton Demographic Home information
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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.
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