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709 MAIN Street E
St. Clair Hamilton L8M 1K8

$2,699,000 /For Sale
Commercial

Main Photo: 709 MAIN Street E in Hamilton: St. Clair Commercial for sale : MLS®# X12089806
Photo 1: 709 MAIN Street E in Hamilton: St. Clair Commercial for sale : MLS®# X12089806
Photo 2: 709 MAIN Street E in Hamilton: St. Clair Commercial for sale : MLS®# X12089806
Photo 3: 709 MAIN Street E in Hamilton: St. Clair Commercial for sale : MLS®# X12089806
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12089806
Bus Major:
Apts - 6 To 12 Units
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!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
10000 sq. ft. Square Feet
Total Area:
10,000 sq. ft.
Depth:
148'
Frontage:
44'
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
E/S-1543
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
FLEXIBLE
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$28,100 / 2024
Assessment:
$- / -
Hamilton
St. Clair
Hamilton
12 Fridges, 12 stoves, 12 washer/dryer
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Apr 17, 2025
Original Price:
Previous Price:
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Listed by RE/MAX ESCARPMENT REALTY INC.
Data was last updated May 9, 2025 at 05:15 PM (UTC)
DARYL  KING
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Owning an apartment building for sale provides unique advantages:

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When evaluating apartment buildings for sale, consider:

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.