1127 MAIN STREET EAST
Cornerstone · L8M1P2
$668,000
About this residence
Prime Opportunity on Hamilton's Future LRT Route with TOC1 zoning! Discover this professionally renovated mixed-use gem in a high-traffic hotspot. This 2-storey building blends commercial versatility with residential appeal, offering 3 levels of turnkey potential for investors or owner-occupiers. **Commercial Space (Main Floor & Basement):** The 1,000 sq ft main floor is a blank canvas for retail, food service, or office use, featuring forced air HVAC with 3 tons of AC, HRV for fresh air, and plumbing roughins for flexible layouts. Electrical is install-ready for your needs. Descend to the expansive basement with tall ceilings, ductless heat pump, 2 public washrooms, a staff area with kitchen rough-ins, and a full 4-piece bath-ideal for additional income via separate entrance. New gas/electric HVAC, HRV, and 2 hot water tanks serve these levels seamlessly. **Residential Upper Unit:** Bright and open-concept 2-bedroom suite boasts its own forced air furnace, AC, HRV, and tankless hot water heater for efficiency. Access via new staircase and balcony, with separate street entrance for privacy. **Upgrades & Utilities:** Fully modernized with new plumbing, electrical (200-amp service, option for 346/600- voltequipment), insulation in walls/ceilings, exterior doors, and storefront glass windows. Fire-rated construction, interconnected smoke alarms. 2gas meters (1 main/basement, 1 upper), 1 water meter, 1 electrical meter with separate panels and smart monitoring. New everything ensure slow maintenance. **Parking & Access:** Space for 2 cars (1 main, 1 upper) plus nearby lot options. Separate entrances enhance functionality storefront for commercial, street for residential. Bonus TOC1 zoning allows for a host of additional options and development! Priced for savvy buyers, this property promises strong ROI in a booming area. Don't miss out chedule a viewing today! (id:61366)
Property details
- Property type
- Other
- Style
- Residential Commercial Mix
- Ownership
- Freehold
- Storeys
- 2
- Living area
- 3,000 sq ft
- Frontage
- 21 feet
- Parking
- 2 spaces
- Annual tax
- $4,286
- MLS®
- 40833175
- Board
- Cornerstone
- Status
- Active
- Listed
- May 25, 2026
- Updated
- Jun 2, 2026
Features & finishes
Basement
- Full
Exterior
- Brick
- Metal
- Aluminum siding
- Vinyl siding
Foundation
- Block
Lot
- Visual exposure
- Paved driveway
Sewer & Utilities
- Municipal sewage system
- Electricity
- Natural Gas
Community
- High Traffic Area
Financing
Estimated monthly payment
$3,124/mo
Loan amount
$534,400
Down payment
$133,600
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
About the area
Census · L8M- 13,774
- Population
- 38
- Median age
- $61,200
- Median income
- $650,000
- Median home value
- 40%
- Home ownership
- 30 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 1127 MAIN STREET EAST?
1127 MAIN STREET EAST is listed for $668,000, in Cornerstone.
What type of home is 1127 MAIN STREET EAST?
1127 MAIN STREET EAST is a Other, Residential Commercial Mix set over 2 storeys.
How large is 1127 MAIN STREET EAST?
The home offers approximately 3,000 sq ft of living space.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,124. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,286 per year.
Is there parking?
Yes — 1127 MAIN STREET EAST includes 2 parking spaces.
What is the Cornerstone area like?
Cornerstone has a population of about 13,774, a median age of 38, a 40% home-ownership rate, with an average commute of about 30 minutes.
What is the average home value in Cornerstone?
The median dwelling value in this area is approximately $650,000, based on census data via Neighbourly.
What is the median household income in Cornerstone?
The median household income in this area is approximately $61,200.
Similar residences
Comparable Residential Commercial Mix near Cornerstone at a similar price.
Private viewings
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