959 Main Street, Hamilton, ON

$1,699,900
MLS#:X12315632
16 beds
8 baths
5000 + sqft
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] multiplex located in the coveted neighborhood of Stipley. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,699,900 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.

  • 16 Bedrooms and 8 Bathrooms with 8 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 45.66 x 90 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter
  • equipped with ["none"] central cooling and highly efficient radiant heating via gas

Great investment opportunity for those seeking reliable returns in Hamiltons rapidly growing east end. This solid, purpose-built 8-unit apartment building features all spacious 2-bedroom units, appealing to a broad range of tenants. Fully leased with stable cash flow, the property is ideally located on Main Street East, steps from future LRT infrastructure, offering excellent visibility, walkability, and ongoing rental demand. Well maintained and efficiently operated, the building includes separate hydro meters, private balconies, a shared laundry room, and reasonable operating costs. Combining desirable unit sizes and growth potential for added value, this is a rare chance to acquire a turnkey, income-producing asset in one of Hamiltons most promising urban corridors.

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Key Features

Bedrooms
16
Bathrooms
8
Kitchens
8
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 15, 2025
Sold price information is available to members only
Listed Date7/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick
Lot Size45.66 × 90 Feet
CountyHamilton
Annual Tax$18,695.59
Legal DescriptionPlan 506, Lot 245, Hamilton

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
Cooling["None"]

Features

Property Features

Hospital, Park, Public Transit, Rec./Commun.Centre, School

Community Features

Location

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959 Main Street, Hamilton, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Stipley, Hamilton.

Verified Local Data
Population785,184
Median Age41.6 Yrs
Ownership69% Owners
Avg Area List Price$482,813

People & Families

Age Distribution

Household Composition

One-person households
27%
Families with children
45%
Couples without children
27%
Other households
1%

Top Ethnic Origins

English21%
Scottish17%
Irish16%
Canadian13%

Local Schools Guide

Elementary Schools

Prince of Wales
Public77 Melrose Avenue North, Stipeley, Hamilton, Ontario, L8L 6X4
3.9
St Ann's
PublicSherman Avenue North, Stipeley, Hamilton, Ontario, L8L 0B8
5.6
Adelaide Hoodless
Public71 Maplewood Avenue, Blakeley, Hamilton, Ontario, L8M 1W7
6.8
Holy Name of Jesus
Public181 Belmont Avenue, Crown Point West, Hamilton, Ontario, L8L 7M5
4.0
Cathy Wever
Public160 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 5V7
2.1

Secondary Schools

Bernie Custis
Public1055 King Street East, Stipeley, Hamilton, Ontario, L8M 1C3
2.2
Cathedral
Public30 Wentworth Street North, Gibson, Hamilton, Ontario, L8L 8H5
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied69%
Rented31%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 959 Main Street E, Hamilton, ON L8M 1N1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,359,920
Monthly Mortgage$7,902
Property Tax (Est.)$1,558
Utilities & Maint.$350
Total Monthly Cost$9,810

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.