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Home ON Greater Hamilton Hamilton Old Hamilton Gibson
835 KING STREET E
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835 KING STREET E $2,299,000
$2,299,000
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835 KING STREET E
Hamilton (Gibson), Ontario L8M1B1

MLS® Number: X12116380
17
Bedrooms
10
Bathrooms
5000 - 100000
Square Feet

Listing Description

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. (40359349)

Location Description

Holton Ave. N./King St. E.

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Square Footage
5000 - 100000 sqft
Community Name
Gibson
Land Size
72 x 80 FT ; Irregular
Annual Property Taxes
$18,600
Parking Type
No Garage
Time on REALTOR.ca
57 days

Building

Bedrooms
Above Grade
17
Bathrooms
Total
10
Partial
4
Interior Features
Appliances Included
Water meter
Basement Type
N/A (Unfinished)
Building Features
Foundation Type
Unknown
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
5

Measurements

Square Footage
5000 - 100000 sqft

Land

Lot Features
Frontage
72 ft
Land Depth
80 ft
Other Property Information
Zoning Description
H
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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