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$1,099,900
Available - For Sale
Listing ID: X13107146
320 King Street East presents a rare opportunity to acquire a fully stabilized, 5-unit mixed-use asset in the heart of Hamilton's historic International Village. Generating a highly efficient actual Net Operating Income of $62,459.46 with zero vacancy, the 2,901-square-foot property features a main-floor retail space, three standard apartments, and a premium 650-square-foot renovated coach house ideal for owner-occupiers or yield-focused investors. While currently performing as a turn-key cash generator, the asset offers tangible value-add potential through a significant loss-to-lease opportunity on one drastically under-market residential unit. Furthermore, with a "Walker's Paradise" Walk Score of 98and Transit Oriented Corridor (TOC1) zoning, this property is strategically positioned for massive long-term capital appreciation directly along the route of Hamilton's upcoming $3.4 billion Light Rail Transit (LRT) project.
Price $1,099,900
Taxes: $6,895.68
Tax Type: Annual
Occupancy by: Tenant
Address: 320 KING Street East , Hamilton, L8N 1C2, Hamilton
Postal Code: L8N 1C2
Province/State: Hamilton
Legal Description: PT LT 3 PL 357 S/S KING ST PT 2 62R17902
Directions/Cross Streets: Wellington St N
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Multi-Use
Building Percentage: T
Total Area: 1,945
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Maintenance: 0
Water Expense: $4226
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Radiant
Central Air Conditioning: No
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KELLER WILLIAMS COMPLETE REALTY

320 KING Street East , Hamilton, L8N 1C2, Hamilton

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Maria Tompson
Sales Representative
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416-548-7854
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Type: Com - Commercial Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Beasley
Style:
Lot Size: x 124.80(Feet)
Approximate Age:
Tax: $6,895.68
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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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
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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