ON > Hamilton > Gibson
Hamilton, ON L8M 1B1,835 King ST E
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Hamilton, ON L8M 1B1,835 King ST E
Hamilton, ON L8M 1B1,835 King ST E
Hamilton, ON L8M 1B1,835 King ST E
Hamilton, ON L8M 1B1,835 King ST E
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Jethro Seymour

Jethro Seymour

The Seymour Team

+1(416) 712-0767
$ 2,299,000
Est. payment /mo
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Price Dropped by $200K

835 King ST E Hamilton, ON L8M 1B1

11,696 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 11,696 sqft

Price per Sqft $196

Subdivision Gibson

MLS Listing ID X12007593

Annual Tax Amount $18,600

Tax Year 2024

Property Sub-Type Store W Apt/Office

Lot Depth 80.0

Lot Front 72.0

Property 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. Current NOI of approximately $130k.

Location

Province ON

County Hamilton

Community Gibson

Area Hamilton

Interior

Heating Yes

Cooling Partial

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 72.0

Lot Depth 80.0

Building

Lot Description Irregular Lot

Others

Security Features Partial ,Yes

Listed by IPRO REALTY LTD.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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835 King ST E

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