835 King Street East, Hamilton | Image 1

835 King Street East

Hamilton, Gibson

  • Commercial

$2,499,000
For Sale

Added 3 weeks ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: H

  • Age: No Data

  • Taxes: 18600

  • MLS®#: X12007593

  • Days on Site: 7 Days

  • Added: Mar 07, 2025 (3 weeks ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: IPRO REALTY LTD.

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.

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Hamilton

  • Community: Gibson

  • Availability Date: flexible

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Energy Certificate: N

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 5

Fees

  • Tax Year: 2024

  • Tax Legal Description: LTS 22, 23 & 24, PL 473 ; PT LT 72, PL 396 , AS IN VM173129 ; S/

  • Taxes: $18,600

  • Taxes Type: Annual

Land

  • Cross Street: Holton Ave. N./King

  • Municipality District: Hamilton

  • Parcel Number: 171980194

  • Lot Depth: 80 Feet

  • Lot Frontage: 72 Feet

  • Lot Irregularities: Irregular

  • Zoning: H

Commercial Specific

  • Retail Area: 4406

  • Retail Area Metric: Sq Ft

  • Sprinklers: Part

  • Total Area: 11696

  • Total Area Metric: Sq Ft

  • Office Size Metric: Sq Ft

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: N

Map of 835 King Street East, Hamilton
JK-8

ÉÉC Notre-Dame

Elementary: Catholic
1.16 km
JK-8

St. Brigid Catholic Elementary School

Elementary: Catholic
0.91 km
JK-8

St. Ann (Hamilton) Catholic Elementary School

Elementary: Catholic
0.64 km
JK-8

Adelaide Hoodless Public School

Elementary: Public
0.76 km
JK-8

Cathy Wever Elementary Public School

Elementary: Public
0.73 km
JK-8

Prince of Wales Elementary Public School

Elementary: Public
0.75 km
9-12

King William Alter Ed Secondary School

Secondary: Public
1.57 km
9-12

Turning Point School

Secondary: Public
2.34 km
9-12

Vincent Massey/James Street

Secondary: Public
2.94 km
9-12

Delta Secondary School

Secondary: Public
2.54 km
Pre-Grade 9-12

Sherwood Secondary School

Secondary: Public
3.05 km
9-12

Cathedral High School

Secondary: Catholic
1.04 km
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