ON > Hamilton
Hamilton, ON L8M 1B1,835 King Street E
Hamilton, ON L8M 1B1,835 King Street E
Hamilton, ON L8M 1B1,835 King Street E
Hamilton, ON L8M 1B1,835 King Street E
Hamilton, ON L8M 1B1,835 King Street E
Hamilton, ON L8M 1B1,835 King Street E
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Real People Real Estate

Real People Real Estate

+1(519) 865-6393
Listed by Roman Rana • IPRO REALTY LTD.
$ 2,499,000
Est. payment | /mo

11,696 SqFt

Save
$ 2,499,000
Est. payment | /mo
Save

11,696 SqFt

Key Details

Property Type Commercial

Sub Type Mixed,Building Only

Listing Status Active

Purchase Type For Sale

Square Footage 11,696 sqft

Price per Sqft $213

MLS Listing ID 40705746

Abv Grd Liv Area 11,696

Annual Tax Amount $18,600

Property Sub-Type Mixed,Building Only

Source Mississauga

Property Description

Exceptional Investment Opportunity! This property consists of 6 recently renovated residential units and 4 commercial units. The residential units were completely gutted and rebuilt in 2019 with no expense spared, featuring new windows, doors, flooring, countertops, appliances, bathrooms, kitchens and independent HVAC systems for each unit. The property consists of a three-story building with an approximate total area of 11,696 square feet. The commercial portion of the building comprises approximately 4,406 square feet of leasable space, spread across four street-front commercial units, each including basement space. The residential portion of the building accounts for around 7,290 square feet of gross area. With the upcoming construction of the new LRT route running directly along King St. E. and on-site parking, this location is set for even greater potential. All tenants cover their own hydro and gas expenses. A highly profitable investment, with dropping interest rates this is your chance to acquire 10 doors in one GO and start cash flowing. Current NOI of approximately $130k. A highly profitable investment, with dropping interest rates this is your chance to acquire 10 doors in one transaction and start cash flowing. This LEGAL, turnkey 10-unit building has undergone significant renovations in the past 4 years, including upgrades to kitchens, bathrooms, flooring, and more. The property features 4 commercial units and 6 residential units, 5 three-bedroom units and 1 two-bedroom unit. The building also offers coin-operated laundry facilities on the main floor, for servicing residential units.

Location

Province ON

County Hamilton

Area 20 - Hamilton Centre

Zoning TOC3

Direction KING ST AND HOLTAN AVE N

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 72.0

Lot Depth 80.0

Garage No

Building

Lot Description Public Transit

Faces KING ST AND HOLTAN AVE N

Story 3

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 171980194

Ownership Freehold/None

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+1(519) 865-6393

realpeoplere@gmail.com

174 Stanley Street, Brantford, N3S, 7S3., Canada

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835 King Street E