Address
249-255 King Street E, Hamilton, ON
Price
$ 2,250,000
Property Attributes
- ID#40818294
- TypeSingle Family
- Listing Status Active
- MunicipalityHamilton
- CityHamilton
- AreaHamilton
- Neighbourhood140 - Beasley
- Postal CodeL8N 1B9
- Style
- Price$ 2,250,000
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
- Sqr Footage8852
- Lot Size0.13 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Turnkey mixed-use investment opportunity in the heart of downtown Hamilton. Situated on a prominent corner at King St E and Ferguson Ave N, this fully tenanted asset offers a blend of stable residential income and high-exposure commercial frontage. The property features two ground-floor commercial units and six residential apartments (1- and 2-bedroom units). Fully leased at market rents with a favourable tenant structure, providing consistent cash flow from a diversified income base. Located in a high-traffic, rapidly evolving corridor with excellent walkability and transit access, this is an ideal opportunity for investors seeking a stable, long-term asset in a prime urban location. (id:7434)
General Features
| Features | Southern exposure |
|---|---|
| Community Features | High Traffic Area |
| Property Type | Retail |
| Zoning Description | D2 |
| Amenities | Public Transit, Schools |
| Location Description | On the corner of King Street E and Ferguson Avenue N. |
| Building Type | Commercial Apartment |
| Ownership Type | Freehold |
| Building.StoriesTotal | 3 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Basement Type | None |
| Living Area Range | 8852 |
Exterior Features
| Land Amenities | Public Transit, Schools |
|---|---|
| Sewer | Municipal sewage system |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in L8N 1B9
Price
In The Neighbourhood
Hamilton
$ 499,000
- Type
- Single Family
- Size
- 1,768 SqFt
- Rooms
- 6 Beds + 3 Baths
Royal LePage Macro Realty
Hamilton
$ 2,350
- Type
- Single Family
- Size
- 940 SqFt
- Rooms
- 2 Beds + 1 Baths
RE/MAX Escarpment Realty Inc.
Hamilton
$ 1,500
- Type
- Single Family
- Size
- 588 SqFt
- Rooms
- 1 Beds + 1 Baths
Michael St. Jean Realty Inc.
Hamilton
$ 779,000
- Type
- Single Family
- Size
- 1,572 SqFt
- Rooms
- 3 Beds + 2.5 Baths
One Percent Realty Ltd.
Hamilton
$ 769,000
- Type
- Single Family
- Size
- 2,605 SqFt
- Rooms
- 4 Beds + 4 Baths
RE/MAX Escarpment Realty Inc.
Hamilton
$ 1,750
- Type
- Single Family
- Size
- 550 SqFt
- Rooms
- 2 Beds + 1 Baths
Royal LePage State Realty Inc.
Hamilton
$ 739,950
- Type
- Single Family
- Size
- 2,440 SqFt
- Rooms
- 3 Beds + 3 Baths
RE/MAX Real Estate Centre Inc.
Hamilton
$ 2,050
- Type
- Single Family
- Size
- 803 SqFt
- Rooms
- 2 Beds + 1 Baths
RE/MAX Escarpment Realty Inc.
