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Active Under Contract
835 King ST E Hamilton, ON L8M 1B1
11,696 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 11,696 sqft
Price per Sqft $170
Subdivision Gibson
MLS Listing ID X12931278
Annual Tax Amount $19,403
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Hamilton
Area Hamilton
Zoning TOC3
Interior
Cooling Yes
Inclusions 6 Fridge + 6 Stoves
Exterior
Parking Features None
Utilities Available Available
Building
Building Age 51-99
Lot Description Lot
Lited by ROYAL LEPAGE TERREQUITY REALTY