917 Main Street
Hamilton, ON L8M 1M6
About This Property
Well-maintained 8-suite walk-up apartment building situated along the Main Street East corridor in Hamilton's east end. The property features a desirable suite mix of 1 bachelor and 7 two-bedroom units, appealing to a broad tenant base. Current in-place rents provide approximately 15%-20% upside to market based on existing income and projections for the single vacant unit, with an average in-place rent of approximately $1,444 per month. Separately metered hydro with tenants responsible for their own electricity costs. One boiler was replaced last year, and the building includes on-site laundry owned by the vendor. Excellent connectivity with transit along Main Street East and quick access to the Red Hill Valley Parkway, QEW, and Highway 403.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12799532
Listed by COMMERCIAL FOCUS REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$7,325
/month · $1,199,999 mortgage
Amortization
Total Interest
$997,409
Total Cost
$2,197,408
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
COMMERCIAL FOCUS REALTY INC.