249-255 KING Street E
Hamilton, Ontario
MLS® 40818294
$2,250,000
- Status
- Active
- Property type
- Retail
- MLS® number
- 40818294
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 4Listing 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.
Property summary
- MLS® number
- 40818294
- Property type
- Retail
- Building type
- Commercial Apartment
- Square footage
- 8,852 sq ft
- Title
- Freehold
- Land size
- 0.13 acres
- Annual property taxes
- $23,356.95
- Days on market
- 131 days
Features & details
- Basement
- None
- Lot features
- Southern exposure
- Community features
- High Traffic Area
What would this home cost you?
Based on the $2,250,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of City Brokerage, Hamilton.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.