232 KING STREET W, Hamilton (Central), Ontario, L8P1A9
The Ultimate Hamilton Hustle: Historical Charm Meets High-Yield Cash Flow. Looking for a turn-key asset that practically pays for itself from day one? Welcome to King Street West. This legally zoned, separately metered mixed-use duplex is serving pure historical character wrapped in completely modernized infrastructure. Pulling in $5,360.00 in combined monthly rent ($3,260.00 Commercial / $2,100.00 Residential), this is the definition of a smart, self-sustaining investment. Whether you want to sit back and collect the checks, live in the gorgeous upper loft while your main floor tenant covers the mortgage, or launch your own brick-and-mortar dream-the vibe here is unmatched. Ideally positioned next to Hess Village, upcoming McMaster student housing, and steps from Jackson Square and FirstOntario Centre with a fast two-minute drive to the 403. Completely renovated top-to-bottom, the building features a new roof, HVAC, skylight, eavestroughs, and an owned hot water tank. The main floor commercial space showcases soaring 12-foot tin ceilings, repointed exposed brick, new windows, electronic storefront locks, iron gating, and a rear bonus room with independent King Street access. Upstairs, a massive two-storey, one-bedroom residential loft easily convertible to two bedrooms boasts 10-foot ceilings, a spacious living area, a quartz kitchen, a private fenced patio, and secure parking via the rear alley. History, style, and serious revenue in one unbeatable package. Separately metered legal duplex. Note that the buyer is to verify HST allocation, and the commercial portion is in addition to the purchase price. (id:2471)
McConkey Real Estate Corp. Brokerage
- 705-868-4674
- 705-745-4321
- 705-745-4324
- charmcconkey@gmail.com
- Property Address: 232 KING STREET W, Hamilton (Central), Ontario, L8P1A9
- Community Name: Central
- Property Type: Retail
- Zoning Description: D2
- Lot Size: 1700
- Acreage: 1700 ac
- Water Type: Municipal water
- Amenities Nearby: Highway, Public Transit
- Structure Style: Residential Commercial Mix
- Floor Space: 1700 sqft
- Heating Type: Natural gas, Forced air
- Cooling: Fully air conditioned
Listing Office: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. REALTOR®, MLS® and the associated logos are trademarks of the Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association and is licensed to trade residential and/or commercialreal estate. Any out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province. All information displayed on this website is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Turnkey investment opportunity offering a strong 5.75% cap rate. Featuring...
- 0 Beds
- 0 Baths
This purpose-built, three-unit mixed-use property, including two spacious two-bedroom residential...
- 0 Beds
- 0 Baths
Fantastic investment opportunity in a high-visibility corner location! This versatile...
- 0 Beds
- 3 Baths
This website is operated by a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
We may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.