320 King Street E, Hamilton, ON L8N 1C2
320 King Street E, Hamilton, ON L8N 1C2
320 King Street E, Hamilton, ON L8N 1C2
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Listed by Jordan Martindale • Keller Williams Complete Realty
$1,199,999
Est. payment /mo
1,945 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed,Building Only

Listing Status Active

Purchase Type For Sale

Square Footage 1,945 sqft

Price per Sqft $616

MLS Listing ID 40807775

Abv Grd Liv Area 1,945

Annual Tax Amount $6,895

Lot Size 3,833 Sqft

Acres 0.088

Property Sub-Type Mixed,Building Only

Source Cornerstone

Property Description

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 98 and 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.

Location

Province ON

County Hamilton

Area 26 - Hamilton Mountain

Zoning D2

Direction King St East

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Exterior Feature Storage

Parking Features Pay, Public

Utilities Available Recycling Pickup, Street Lights

Lot Frontage 19.62

Lot Depth 124.8

Garage No

Building

Lot Description Irregular Lot, City Lot, High Traffic Area, Public Transit, Visual Exposure

Faces King St East

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 171680196

Ownership Freehold/None

Virtual Tour https://northernmediagroup.hd.pics/320-King-St-E/idx


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Deep Singh
Deep Singh

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+1(905) 515-7160 | info.singhp@gmail.com

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