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Renanza Realty
For sale

70 KING STREET E

Hamilton (Stoney Creek), Ontario

MLS® X13607194

$3,550,000

Status
Active
Property type
Office
MLS® number
X13607194
Bedrooms
—
Bathrooms
5
Year built
—

Listing description

Freestanding Medical Building for Sale, fully occupied with long term leases. Discover a rare opportunity to own a high-performing, fully tenanted medical building in the heart of Hamilton's Stoney Creek area. 70 King St E is an 8,000 sq ft, free-standing, purpose-built medical building with long-term healthcare tenants, excellent street exposure, and strong income performance.

Strong Tenant Mix - Pharmacy, Family Medicine/Clinic, Cardio Clinic, Cardiac Lab, RMT, Chiropractic, Podiatry, Chiropody & much more. Stoney Creek's Historic Landmark is for Sale - Spent over $$$s to improve the building facade and interior to truly setup a medical centre/building. This medical building generates 7% plus cap rate and consistent income.

Onsite parking at the rear of the building. Fully leased out with long term leases with strong revenue stream!

Property summary

MLS® number
X13607194
Property type
Office
Building type
Offices
Size
8,000 sq ft
Land size
Bldg=63.34 x 215.17 FT
Annual property taxes
$23,042.54
Parking
13 spaces
Days on market
65 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Lot features
Elevator

What would this home cost you?

Based on the $3,550,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$16,518 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of ROYAL LEPAGE PINNACLE REAL ESTATE, Oakville.

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.