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Brick exterior residence featuring a gabled roof and multiple windows Features: dormer roof, driveway, curbs, chimney, attached garage, brick siding, shingle roof

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For Sale - 1408 King Street, Hamilton, Ontario

1408 King Street

Hamilton , Ontario

5 3 $799,000

Est payment $3,837/mo

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Time on Jump 101 day

AI Summary *

Large lot in a high-traffic location, great for visibility and access.
Mixed-use property with commercial and residential revenue streams.
Main floor commercial unit generating $2,500/month for immediate cash flow.
Spacious upper apartment rented at $2,000/month, providing stable income.
Additional basement unit with rental potential of $2,000/month available.

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Purchase Price

Term

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Down Payment:
$ 39,950 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Impressive mixed-use investment opportunity situated on a generous 75. 25 ft x 137. 42 ft lot in a high-exposure king street east location. This income-producing property offers a rare combination of commercial and residential revenue streams, making it an excellent addition to any investment portfolio. The property features a commercial unit on the main level generating $2,500/month, a spacious upper residential apartment currently rented for $2,000/month, and a basement unit with potential to generate $2,000/month. With multiple tenancies in place, investors can benefit from immediate cash flow and long-term appreciation potential. Strategically located in hamilton's growing east-end corridor, this property enjoys excellent visibility, steady pedestrian and vehicular traffic, and convenient access to transit, major roadways, shopping, and neighbourhood amenities. The expansive lot offers added value and future potential, subject to municipal approvals. Whether you're an investor seeking stable income or an owner-operator looking for a property with built-in rental support, this versatile mixed-use asset presents an outstanding opportunity in a thriving market.

Listing IDX13506188

Address1408 King Street

CityHamilton, Ontario

Price$799,000

Bed / Bath5 / 3 Full

Style2-Storey, Duplex

ConstructionBrick

TypeMulti-Family

StatusFor Sale

Extras

Subtype DuplexIndoor Features Carpet FreeOwnership FreeholdBasement ApartmentFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 6.00

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For Sale - 1408 King Street, Hamilton, Ontario

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