Added 15 hours ago
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Type: Store W/Apt/Office
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Style: 2-Storey
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Lot Size: 66 x 93.67 Feet
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Age: No Data
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Taxes: $24,000 per year
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Added: Mar 05, 2025 (15 hours ago)
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Updated:
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Last Checked: 1 hour ago
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MLS®#: X12002893
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Listed By: Ipro realty ltd.
This exceptional mixed-use property is located on the future LRT, offers both commercial and residential opportunities in a prime downtown location. Situated at the corner of King and Locke, the building includes a ground-floor commercial space currently home to Hamilton's renowned steakhouse, Victorias, as well as four spacious residential units above with separate meters. The main-level commercial space features a spacious dining area, private dining room, bar area, a fully equipped kitchen, and four bathrooms. Its central location ensures high visibility and significant foot traffic. The residential units provide bright and airy living spaces, with kitchens boasting upgraded cabinetry and countertops in most, and renovated bathrooms (2018). The property's strategic location offers easy access to Hamilton's vibrant downtown, public transit, and major highways. Residents will enjoy proximity to local parks, schools, shopping, and dining, while business owners will benefit from the thriving community and ongoing urban development. Additional amenities include parking for both commercial and residential tenants, a well-maintained exterior, and secure entry. Whether you are looking to expand your real estate portfolio or invest in a property with diverse income potential, 470 King St W presents a rare and valuable opportunity. Current NOI of $105k Projected NOI of $115k
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Property
Status: Sale
Property Type: Store W/Apt/Office
Style: 2-Storey
Area: Hamilton
Community: Strathcona
Availability Date: TBA
Inside
Bedrooms: 4
Bathrooms: 7
Kitchens: 5
Rooms: 18
Den/Family Room: No
Air Conditioning: Central Air
Fireplace: No
Central Vacuum: N
Washrooms: 7
Building
Basement: Part Fin
Basement 2: Unfinished
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Green Verification Status: N
Water Supply: Municipal
Special Designation: Unknown
Parking
Garage Type: None
Covered Parking Spaces: 5
Total Parking Spaces: 5
Fees
Tax Year: 2024
Tax Legal Description: PT LT 6 BLK 1 RANGE 3 PL 1435 N/S KING ST AS IN CD506330; CITY
Taxes: $24,000
Land
Cross Street: King st and Locke
Municipality District: Hamilton
Fronting On: North
Parcel Number: 171450059
Pool: None
Sewer: Sewers
Lot Depth: 93.67 Feet
Lot Frontage: 66 Feet
Waterfront: None
Walker's Paradise
- Daily errands do not require a car.
Excellent Transit
- Most errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
École élémentaire Georges-P-Vanier
Elementary: PublicStrathcona Junior Public School
Elementary: PublicCentral Junior Public School
Elementary: PublicHess Street Junior Public School
Elementary: PublicRyerson Middle School
Elementary: PublicSt. Joseph Catholic Elementary School
Elementary: CatholicKing William Alter Ed Secondary School
Secondary: PublicTurning Point School
Secondary: PublicÉcole secondaire Georges-P-Vanier
Secondary: PublicSt. Charles Catholic Adult Secondary School
Secondary: CatholicSir John A Macdonald Secondary School
Secondary: PublicWestdale Secondary School
Secondary: Public-
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