835 King St E, Hamilton MLS Number: X12007593
Gibson, Hamilton, ON, L8M 1B1$2,499,000
Status: For Sale
- Property Type: Commercial (Store W/Apt/Office)
- Property Taxes : $18600.00 (Tax Year:2024)
- Listing Courtesy : Ipro Realty Ltd.
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$2,499,000
Status: For Sale
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 Type | :Commercial |
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MLS Number | :X12007593 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :14 Mar, 2025 (12 Days ago) |
Source | :TRREB |
Area | :Hamilton |
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Postal Code | :
L8M 1B1
|
Price | : $2,499,000 |
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Property Taxes | :$18600.00 |
Tax Year | :2024 |
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Cross Street | :Holton Ave. N./King St. E. |
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07 Mar, 2025
TREB #X12007593
Available
$2,499,000
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