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Last Updated : 41 Days ago
979 King Street E, Hamilton, ON, Stripley
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979 King Street E, Hamilton MLS Number: 40666604

Stripley, Hamilton, ON, L8M 1C3

$799,900

Price drop by $20,100

Status: For Sale

  • Area : 2200 sqft
  • Property Type: Commercial Sale (Mixed,Building and Land)
  • Property Taxes : $7008 (Tax Year:2024)
  • Listing Courtesy : Re/max Escarpment Realty Inc.

979 King Street E Property Description

Investors, don’t miss this turn-key, fully leased mixed-use building generating a solid income with a gross yearly income of $54,000 and approximately $43,000 in net income. Tenants cover all utilities, making this a low-maintenance investment, with the seller only responsible for property taxes, insurance and water heater. The property features a leased storefront on the ground floor, along with a spacious, updated 3-bedroom residential unit upstairs. Over the past 10 years, the building has seen improvements, including a new roof, windows, furnace, and a complete renovation of the upstairs unit. Additionally, there’s parking for five + vehicles, with spots located at both the rear and side of the building, plus a full basement offering extra storage or potential future use. This is an excellent opportunity for investors looking for a property with minimal upkeep and strong rental income. Buyers and agents are advised to verify zoning and room sizes independently. For further details or to schedule a viewing, please contact the listing agent.

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979 King Street E Property Facts

Property Type :Commercial Sale
MLS Number :40666604
Listing Type :Sale
Possession Date :
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Last Updated :15 Nov, 2024 (41 Days ago)
Source :Hamilton - Burlington
Area :Hamilton
Community : Stripley
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City :Hamilton
Area Major :20 - Hamilton Centre
Area Minor :200 - Gibson/Stipley
Postal Code : L8M 1C3
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Directions :King Street to Barnesdale Ave

979 King Street E Property Price & Tax Insights

Price : $799,900
Property Taxes :$7008
Tax Year :2024

979 King Street E, Hamilton Property Details

Place of Worship :No
Cross Street :Barnesdale Avenue S
Approx Square Footage :2200 sqft

979 King Street E, Hamilton - Price History

2024-10

30 Oct, 2024

TREB #40666604

Price Change

$799900

  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

979 King Street E - Location Map and Landmarks

  • St. Peter's, Hamilton 0.3 km
  • Juravinski  and Cancer Centre, Hamilton 1.04 km
  • Hamilton General, Hamilton 2.19 km
  • St. Joseph's Healthcare Hamilton - Charlton campus, Hamilton 2.75 km
  • McMaster University Medical Centre, Hamilton 3.17 km
  • St. Joseph's Healthcare Hamilton - West 5th campus, Hamilton 3.89 km
  • McMaster Children's, Hamilton 6.67 km
  • Joseph Brant, Halton 8.27 km
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FAQs: 979 King Street E, Hamilton

  • Q:What is the Area Size of the 979 King Street E In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 2200 sq. ft and is strategically located in Hamilton. The MLS No of this project is 40666604 and the Project is located in ON, Canada
  • Q: Does this Project 979 King Street E available for Sale ?

    A: The project 979 King Street E is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 979 King Street E is Offering?

    A:Square Yards is giving a Cashback of $4,000 if you buy this property from us, however there are several key features offered by the 979 King Street E. You get 0+ Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 979 King Street E, Hamilton?

    A: 979 King Street E, Hamilton comes with 0+ Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Hamilton, On?

    A:Hamilton, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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