$2,299,000
( $196.56Per Sq Foot )
 $12,342 est/mo Sourced by Back At You

835 King Street,Hamilton, ON L8M 1B1

Hamilton, ON L8M 1B1

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Description

Exceptional Investment Opportunity! This property consists of 6 recently renovated residential units and 4 commercial units. The residential units were completely gutted and rebuilt in 2019 with no expense spared, featuring new windows, doors, flooring, countertops, appliances, bathrooms, kitchens and independent HVAC systems for each unit. The property consists of a three-story building with an approximate total area of 11,696 square feet. The commercial portion of the building comprises approximately 4,406 square feet of leasable space, spread across four street-front commercial units, each including basement space. The residential portion of the building accounts for around 7,290 square feet of gross area. With the upcoming construction of the new LRT route running directly along King St. E. and on-site parking, this location is set for even greater potential. All tenants cover their own hydro and gas expenses. A highly profitable investment, with dropping interest rates this is your chance to acquire 10 doors in one GO and start cash flowing. Current NOI of approximately $130k.

Details

MLS #X12007593
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Days On Site104
Listing Provided ByIPRO REALTY LTD. | X12007593 158509

Features

SQ Feet11,696
Acreage0.27

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingPartial

Exterior

Lot FeaturesIrregular Lot
Community FeaturesPublic Transit

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Contact

Learn More About This Property

TROY DECAIRE

TROY DECAIRE

Coldwell Banker The Real Estate Centre

 (905) 967-4663
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8M 1B1
AreaGibson
Listing VS Median (in L8M 1B1)
Price:
$2,299,000
low | high
Med:
$2,299,000
50% of Average
SqFt:
11,696
low | high
Med:
11,696
50% of Average
$ / SqFt:
$197
low | high
Med:
$197
50% of Average
On site:
104
low | high
Med:
104.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.724M - $2.873M
SqFt: 8,500 - 14,500
Nearby Listings Property ImageNearby Listings Details
835 King Street E Property Photo 1
$2,499,000
835 King Street E
Hamilton, ON L8M 1B1
Listing Updated: May 1, 2025 at 8:30:09 PM PDT

Troy DeCaire - Coldwell Banker The Real Estate Centre