Listed by Re/Max Icon Realty.

1047 Main Street E is a Detached, 3-Storey and is currently for Sale @ $615,000. Taxes in 2025 were $5,107.44.

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PRICED TO SELL! Fully Vacant Mixed-Use Triplex. The 3-Storey on 1047 Main Street E has 3 bedrooms, 4 bathrooms, and is located on a 110 x 30 ft lot in the community of Crown Point . Exceptional live-work-invest opportunity with immediate ability to set market rents. This versatile property offers over 2,300 sq ft of total space and includes a street-facing main floor commercial unit, a self-contained rear residential apartment, and a spacious 3-bedroom upper unit, all with separate entrances for added flexibility. Flexible C2 zoning permits a wide range of commercial and residential uses, making it ideal for investors, entrepreneurs, or owner-operators looking to run a business while generating rental income. Recent capital improvements include roof (2024), boiler (2021), new rear deck (2025), renovated bathrooms, updated flooring, and refreshed commercial interiors, helping reduce near-term capital expenses. Located along a high-visibility corridor just steps to transit, amenities, and everyday conveniences, with strong long-term growth potential and anticipated future LRT connectivity. The property also offers one driveway parking space plus convenient nearby street parking. Projected rents of $4,300-$5,100/month with an estimated NOI of $42,000-$45,000 annually, making this a compelling opportunity for investors seeking cash flow, flexibility, and long-term appreciation.

The address 1047 Main Street E was listed for sale (MLS# X12901832) on Thursday, March 19, 2026.