835 KING STREET E

Hamilton (Gibson), Ontario, L8M1B1, Canada

$2,499,000

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.

Last updated on : Friday 14th of March 2025 03:40:36 PM

ADDRESS

Street : 835 KING STREET E

City : Hamilton (Gibson)

Province : Ontario

Country : Canada

Postal Code : L8M1B1

Open in Google Map

PROPERTY SUMMARY

Property ID : X12007593

Building Type : Residential Commercial Mix

Property Type : Retail

Parking : 5

Similar Properties

Retail

#6 - 3083 DUFFERIN STREET

Toronto (Yorkdale-Glen Park), Ontario, M6A0C3

$1,588,000

property Type: Retail

type: Sale

PAUL HUAJIAN LIU
1 day ago

DETAILS

Retail

#38 - 35 KARACHI DRIVE

Markham (Cedarwood), Ontario, L3S0B5

$949,900

property Type: Retail

type: Sale

JATINDER NIGAH
1 day ago

DETAILS

Retail

1068- 1072 BARTON STREET E

Hamilton (Crown Point), Ontario, L8L3E6

$2,350,000

property Type:

type: Sale

ALEX MOAZEMI
2 months ago

DETAILS

Retail

109 - 808 BRITANNIA ROAD W

Mississauga (East Credit), Ontario, L5V0A6

$1,680,000

property Type:

type: Sale

GHULAM NABI
2 days ago

DETAILS

Retail

5 - 351 PARKHURST

Brampton (Bramalea North Industrial), Ontario, L6T0C2

$1,199,900

Baths: 1

property Type: Retail

type: Sale

JAZ BAINS
6 days ago

DETAILS

Inquire about this property