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For Sale
Just Listed

947 Main Street E

Stipley, Hamilton, ON
$1,699,000
7Bd
7Ba
3,250+sqft
5Parking
46.33 x 90 ftlot
$523/sqft
MultiplexMLS# X13499426Listed 2026-06-290 DOM
Heating
Water Heater
Basement
Finished

Just listed! New listings in Hamilton often receive offers within the first week.

About this home

A Rare and exceptional downtown Hamilton investment opportunity not to be missed! This meticulously owner-operated 7-unit building comprising all self-contained one-bedroom units has been maintained since 2008 and underwent a complete gut renovation across every floor, delivering a truly turnkey asset in clean, move-in ready condition. Spanning approximately 4,580 sq ft across four levels (basement 1,425 sq ft main 1,689 sq ft 2nd 1,061 sq ft 3rd 405 sq ft), the property features comprehensive 2 lb spray foam insulation across all levels, in-floor heating throughout, a German boiler system that efficiently serves both building heat and hot water, a single garage with side door, separately metered hydro for 5 of 7 units, parking for 5 vehicles, and additional laundry income. What truly sets this property apart is its coveted C2 zoning, opening the door to a commercial component on the main floor - whether a boutique retail shop, café, professional office, or personal service use - while the live-work opportunity allows an owner-occupant to run their business from the ground floor while residing above, dramatically reducing overhead and maximizing lifestyle flexibility. Positioned in an excellent central downtown location with outstanding visibility along a high-traffic corridor, this building benefits from strong daily foot traffic, exceptional signage exposure, and effortless access to Hamilton's vibrant amenities, restaurants, and transit routes. A true turnkey investment with significant upside, and opportunities like this are few and far between!

Garage

Features

  • Water Heater
  • Deck
  • Finished
  • Wall Unit(s)
  • 2 1/2 Storey

Financials

Annual Taxes
$12,615

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield3.2% – 4.9%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Hamilton

Days on market0 days
Buyer's MarketSeller's Market

Based on active listings in Hamilton. Data updates daily.

Demographics — Hamilton

Population
569,353
Avg Household Income
$90,000
Age Distribution
0-19
20%
20-34
21%
35-49
19%
50-64
20%
65+
20%
Ownership
65% own · 35% rent
EnglishFrenchArabicItalianTagalog

Our estimate for this home

Priced 8.8% below estimate
Estimated range
$1.72M$2.00M
Mid-point $1.86M · ~$573/sqft
How this listing compares
$1.72MList · $1.70M$2.00M
High confidence·Based on 45 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,699,000
947 Main Street E, Hamilton
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