216-218 King Street E, Hamilton, ON L8N 1B5
216-218 King Street E, Hamilton, ON L8N 1B5
216-218 King Street E, Hamilton, ON L8N 1B5
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Listed by Rob Golfi • RE/MAX Escarpment Golfi Realty Inc.
$1,900,000
Est. payment /mo
3,000 SqFt
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Key Details

Property Type Commercial

Sub Type Building Only

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $633

MLS Listing ID 40844755

Abv Grd Liv Area 3,000

Annual Tax Amount $22,840

Property Sub-Type Building Only

Source Cornerstone

Property Description

Excellent mixed-use investment opportunity in the heart of downtown Hamilton. This income-producing property features 2 fully leased ground-floor retail units generating a combined $4,300/month, plus 2 vacant 1-bed, 1-bath loft-style residential units, each with a private balcony overlooking vibrant King St. E, ready to be leased at today's market rents.
An additional third residential unit offers excellent value-add potential and awaits restoration, providing an opportunity to further increase income through renovation.
All 4 existing units are separately metered, allowing for efficient utility management. The property also offers rear parking and is ideally located close to public transit, shopping, restaurants, and the ongoing growth and revitalization of Hamilton's downtown core.
A rare opportunity to acquire a well-located mixed-use asset with immediate commercial income, vacant residential units ready for lease-up, and future upside through renovation and increased rental potential.

Location

Province ON

County Hamilton

Area 14 - Hamilton Centre

Zoning D2

Direction Between Walnut Street S & Ferguson Avenue S on King Street E.

Rooms

Basement Partial

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Street Surface Paved

Lot Frontage 36.58

Lot Depth 107.0

Garage No

Building

Lot Description City Lot, High Traffic Area, Public Transit, Other

Faces Between Walnut Street S & Ferguson Avenue S on King Street E.

Story 2

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 171680088

Ownership Freehold/None


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Nearby Locations

Deep Singh
Deep Singh

Broker

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

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