101 KING Street East, Hamilton | Image 1

101 KING Street East

Hamilton, Dundas

  • Commercial

$X,XXX,XXX
For Sale

Added 8 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: RM2-FP

  • Age: 51-99 years

  • Taxes: 52445

  • MLS®#: X9411185

  • Days on Site: 265 Days

  • Added: Feb 25, 2024 (8 months ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: NIAGARA-ON-THE-LAKE REALTY (1994) LTD, BROKERAGE

ONCE IN A LIFETIME opportunity to own a substantial 24 unit mid-rise apartment building with elevator in the heart of bustling Dundas. With entrances on two streets (King St E and Cooper Rd), this turn-key investment is composed of 15 two-bedroom and 9 one-bedroom units. Immense investment potential. Slab reinforced-concrete construction with glazed brick exterior. Excellent Tenant Profile. Significant upside on rents. Well maintained with pride of ownership. Financials upon request.

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 51-99

  • Area: Hamilton

  • Community: Dundas

  • Availability Date: Flexible

  • Assessment Amount: $2,122,000

  • Assessment Year: 2022

Inside

  • Bathrooms: 25

  • Air Conditioning: Wall Unit

  • Washrooms: 25

Building

  • Basement: N

  • Heat Type: Radiant

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 29

Fees

  • Tax Year: 2022

  • Tax Legal Description: LTS 6 & 7, PLAN 1454 ; DUNDAS CITY OF HAMILTON

  • Taxes: $52,445

Land

  • Cross Street: N/W of King St E and

  • Municipality District: Hamilton

  • Parcel Number: 174780132

  • Sewer: Sewers

  • Lot Depth: 193 Feet

  • Lot Frontage: 126 Feet

  • Zoning: RM2-FP

Commercial Specific

  • Total Area: 20000

  • Total Area Metric: Sq Ft

  • Area Influence: Grnbelt/Conserv

  • Area Influence: Park

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