835 KING STREET E
Hamilton (Gibson), Ontario
MLS® X12931278
$1,999,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X12931278
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 17Listing description
Turnkey Mixed-Use Investment - 10 Doors. Exceptional opportunity to acquire a fully renovated mixed-use asset consisting of 6 residential units and 4 street-front commercial units. The residential component was completely gutted and rebuilt in 2019, with extensive upgrades including new windows, doors, kitchens, bathrooms, flooring, appliances, and independent HVAC systems for each unit, significantly reducing future capital requirements.
The property spans approximately 11,696 square feet across a three-storey structure. The commercial component offers roughly 4,406 square feet of leasable space across four storefront units, each with basement access, while the residential portion totals approximately 7,290 square feet of gross floor area. This asset provides diversified income across ten units, combining stable residential demand with highly visible street-level retail exposure along King Street East.
Additional features include on-site parking and individually metered utilities, with tenants responsible for their own hydro and gas, helping maintain strong operating margins. Positioned along the future Hamilton LRT corridor, the property benefits from a major infrastructure investment that is expected to enhance long-term desirability, tenant demand, and property values along the corridor. A rare opportunity to acquire a renovated, income-producing 10-unit mixed-use building in a rapidly evolving urban corridor with both current cash flow and long-term appreciation potential.
Property summary
- MLS® number
- X12931278
- Property type
- Retail
- Square footage
- 11,696 sq ft
- Land size
- 80 x 70 FT
- Annual property taxes
- $19,403.00
- Parking
- 1 space
- Days on market
- 154 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $1,999,000 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 ROYAL LEPAGE TERREQUITY REALTY, Mississauga.
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.