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$1,999,000
Available - For Sale
Listing ID: X12931278
Turnkey Mixed-Use Investment - 10 Doors. Exceptional opportunity to acquire a fully renovated mixed-use asset consisting of 6 residential units and 4 street-front commercial units. The residential component was completely gutted and rebuilt in 2019, with extensive upgrades including new windows, doors, kitchens, bathrooms, flooring, appliances, and independent HVAC systems for each unit, significantly reducing future capital requirements. The property spans approximately 11,696 square feet across a three-storey structure. The commercial component offers roughly 4,406 square feet of leasable space across four storefront units, each with basement access, while the residential portion totals approximately 7,290 square feet of gross floor area. This asset provides diversified income across ten units, combining stable residential demand with highly visible street-level retail exposure along King Street East. Additional features include on-site parking and individually metered utilities, with tenants responsible for their own hydro and gas, helping maintain strong operating margins. Positioned along the future Hamilton LRT corridor, the property benefits from a major infrastructure investment that is expected to enhance long-term desirability, tenant demand, and property values along the corridor. A rare opportunity to acquire a renovated, income-producing 10-unit mixed-use building in a rapidly evolving urban corridor with both current cash flow and long-term appreciation potential.
Price $1,999,000
Taxes: $19,403
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 835 King Street East , Hamilton, L8M 1B1, Hamilton
Postal Code: L8M 1B1
Province/State: Hamilton
Legal Description: LTS 22, 23 & 24, PL 473 ; PT LT 72, PL 3
Directions/Cross Streets: King and Sherman Ave S
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  0
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Category: Retail
Building Percentage: T
Total Area: 11,696
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: Part
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary
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ROYAL LEPAGE TERREQUITY REALTY

835 King Street East , Hamilton, L8M 1B1, Hamilton

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Maria Tompson
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Type: Com - Commercial Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Gibson
Style:
Lot Size: x 70.00(Feet)
Approximate Age: 51-99
Tax: $19,403
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
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Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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