461 King Street East, Hamilton | Image 1

461 King Street East

Hamilton, Gibson

  • Commercial

$1,000,000
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: TOC1 - Transit O

  • Age: No Data

  • Taxes: 4528

  • MLS®#: X10410595

  • Days on Site: 41 Days

  • Added: Nov 06, 2024 (3 months ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Fully renovated, turnkey mixed use investment site in Downtown Hamilton. Site features a main floor renovated office/retail unit, and 2 fully renovated 2 bedroom, 1 bathroom apartments upstairs. The main floor office/retail unit has 3 years remaining on the lease, paying $2,000/month net, $550/month for parking and storage locker, and $8.85psf additional rent. Residentials tenants each pay $1,600/month. Site can also be sold with vacant possession of the main floor/retail office space.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Hamilton

  • Community: Gibson

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LTS 4&5, PL 223, N/S OF KING ST, AS IN VM176

  • Taxes: $4,528

  • Taxes Type: Annual

Land

  • Cross Street: Corner of King St E

  • Municipality District: Hamilton

  • Parcel Number: 171790171

  • Sewer: Sanitary

  • Lot Depth: 132 Feet

  • Lot Frontage: 17.4 Feet

  • Zoning: TOC1 - Transit O

Commercial Specific

  • Rail: N

  • Total Area: 2025

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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Map of 461 King Street East, Hamilton
JK-8

St. Patrick Catholic Elementary School

Elementary: Catholic
0.08 km
JK-8

St. Brigid Catholic Elementary School

Elementary: Catholic
0.64 km
JK-8

George L Armstrong Public School

Elementary: Public
1.30 km
JK-8

Dr. J. Edgar Davey (New) Elementary Public School

Elementary: Public
0.68 km
JK-8

Queen Victoria Elementary Public School

Elementary: Public
1.01 km
JK-8

Cathy Wever Elementary Public School

Elementary: Public
0.84 km
9-12

King William Alter Ed Secondary School

Secondary: Public
0.51 km
9-12

Turning Point School

Secondary: Public
1.24 km
9-12

Vincent Massey/James Street

Secondary: Public
3.27 km
9-12

St. Charles Catholic Adult Secondary School

Secondary: Catholic
2.24 km
Pre-Grade 9-12

Sir John A Macdonald Secondary School

Secondary: Public
1.70 km
9-12

Cathedral High School

Secondary: Catholic
0.21 km
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