Excellent Investment Opportunity in the Heart of Hamilton! Welcome to 709 Main Street East — a well-maintained 12-unit apartment building generating strong annual income of $228,516. Each unit is self-contained, featuring its own washer/dryer and furnace, allowing tenants to enjoy full autonomy and comfort. Tenants are responsible for their own hydro and gas, resulting in exceptionally low operating expenses for the owner. Located in a high-demand rental area with strong transit access and amenities nearby, this turnkey property is a rare find for savvy investors looking for consistent cash flow and long-term value. Don't miss out on this prime addition to your portfolio!
For sale
C$2,699,000
709 Main St E, Hamilton, ON L8M 1K8
26beds
12baths
40,000sqft
Apartment, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$67/sqft
C$-- HOA
What's special
Full autonomy and comfort
- 9 days
- on Zillow |
- 26 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 04:38pm
Listed by:
Danielle Connelly, Salesperson,
RE/MAX Escarpment Realty Inc.
Source: ITSO,MLS®#: 40716518Originating MLS®#: REALTORS® Association of Hamilton-Burlington
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 26
- Bathrooms: 12
Heating
- Electric, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Hot Water Tank Owned, Dryer, Refrigerator, Stove, Washer
- Laundry: In-Suite
Features
- Basement: Partial,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 40,000
- Total interior livable area: 40,000 sqft
- Finished area above ground: 40,000
Property
Parking
- Total spaces: 5
- Parking features: Outside/Surface/Open
- Uncovered spaces: 5
Features
- Frontage type: North
- Frontage length: 44.00
Lot
- Size: 6,512 Square Feet
- Dimensions: 148 x 44
- Features: High Traffic Area, Place of Worship, Public Transit, Schools, Shopping Nearby
Details
- Parcel number: 172020269
- Zoning: E1543
- Other equipment: Intercom
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment, Multi Family
Materials
- Brick
- Foundation: Concrete Block
- Roof: Tar/Gravel
Condition
- 51-99 Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Community
- Security: Smoke Detector
Location
- Region: Hamilton
Financial & listing details
- Price per square foot: C$67/sqft
- Annual tax amount: C$28,149
- Date on market: 4/17/2025
- Inclusions: Hot Water Tank Owned, Smoke Detector
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