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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Hamilton
  • Out of Area
  • 987 Main Street E
987-main-street-e-hamilton-ontario-h3038214

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  • Sold Sold in Oct 2010
  • 32-11 Units

987 Main Street E

Hamilton, Out of Area
  • 0 Bedrooms
  • 0 Bathrooms
  • 0 Garage
  • Share
Sold Price: $ 930,000
11.43%
Listed Price: $ 1,050,000
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Key Facts About 987 Main Street E, Hamilton

  • Tax $27,078 / 2010
  • Property Type Multi-Residential
  • Building Type Apartment Complex
  • Maintenance Fees $0
  • Lot Size 70.00 x 110.00 feet
  • Listing # H3038214
  • Data Source RAHB
  • Days on Market 159
  • Listed On 14/05/2010
  • Updated On 15/12/2022
  • Market Demand
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Description

See attachment.Great investment! Gross Income $146,400 Expenses $67,642.15 with a Net Income of $76,559. 7.29% cap rate. 18 units, 6-1 bdr and 12-2 bdr some with balconies, laundry, security, all units have sep. dining room. Across from a park and on the bus lines. Property can be bought with $150,000 down for qualified Buyers. Seller will hold a sizeable 2nd mtge for qualified Buyers. First Nat. will hold a conventional or C.M.H.C. insurance first mortgage at great rates.

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Property Details of 987 Main Street E, Hamilton

Property

  • Property Type 32-11 Units
  • Fronting On North
  • Community Out of Area
  • Municipality Hamilton

Inside

    Utilities

    • Water Municipal

    Building

    • Exterior Feature Brick,Other (see Remarks)
    • Roof Flat

    Parking

    • Garage 0
    • Total Parking Places 0

    Land

    • Sewer Sanitary
    • Frontage 70.00
    • Depth 110.00
    • Zoning Multi fam
    • Lot Size 70.00 x 110.00 feet
    • Lot Size Code Feet

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    Expense Breakdown

    Monthly Mortgage Payment

    $0/monthly

    30 Year , 3.99% interest

    Cash Expenditure for Home Purchase

    $1,000

    • Downpayment
      $0
    • PST on Mortgage Insurance
      $0
    • Land Transfer Tax
      $0
    • Lawyer Fees
      $1,000
    • Title Insurance
      $0

    Monthly Expenses After Home Purchase

    $569

    • Mortgage Payment
      $0
    • Property Insurance
      $50
    • Property Tax
      $250
    • Phone
      $40
    • Monthly debt payments
      $0
    • Cable
      $60
    • Utilities
      $124
    • Internet
      $45
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    Data is provided courtesy of RAHB

    Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

    About 987 Main Street E, Hamilton

    It is a 0 bedroom, 0 bathroom, Apartment Complex property located at Out of Area. 987 Main Street E, Hamilton lies on 70.00 x 110.00 feet lot. heating systems are used in heating/cooling systems for 987 Main Street E, Hamilton. This property which is located in Main Street does not have a pool. This property located in Out of Area doesn't have a fire place.

    FAQs About 987 Main Street E, Hamilton

    How many bathrooms does this property have?

    No bathroom available for this property.

    Does this 0 bedroom property have additional bedrooms or a den?

    This 32-11 Units property does not have an additional bedroom or a den.

    What is the square footage (sqft) of this 32-11 Units property?

    The square footage for this property has not been provided.

    How many parking spaces are available with this property?

    There are no parking spaces available with this property.

    How many cars can be parked in the garage of 987 Main Street E?

    This property does not feature a garage.

    What type of garage does this property have?

    Information about the garage type is not provided.

    Does this property have a basement?

    There is no basement in this property.

    What type of basement is it?

    Information about basement type is not available.

    Does this property have a swimming pool?

    It is not specified whether this property has a swimming pool.

    Does this property have a fireplace?

    Unfortunately, the presence of a fireplace is not mentioned in the available information.

    How many kitchens does this property have?

    There are no kitchens in this property.

    Is there a maintenance fee associated with this property?

    Yes, it has an annual maintenance fee of $7239.00.

    Is this property furnished?

    Information about whether this property is furnished is not available.

    What type of heating system is in place?

    Information about heating system is not available.

    What utilities are available for this property?

    Information about utilities is not available.

    School Rating for 987 Main Street E, Hamilton

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    Listing History

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