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    For Sale - 1548 King Street, Hamilton, Ontario

    Est payment $4,221/mo
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    Views   1
    Time on Jump  48 day

    AI Summary *

    • Fully leased live/work property with steady monthly income of $4,775.
    • Prime high-traffic corner location with excellent exposure and easy access.
    • Commercial space with 11ft ceilings, suitable for various business uses.
    • Upper-level apartment leased for 3 years, tenant willing to stay.
    • Includes attached garage with storage and convenient loading dock access.




    Exceptional investment opportunity with this fully leased live/work property in a prime high-traffic area of east-end hamilton. This freestanding high-visibility corner building features approximately 1,400 sq. Ft. Of commercial space on the main floor with 11ft high ceilings and an additional 1,400 sq. Ft. Second-floor residential apartment and a basement. Zoned c2, the property supports a wide range of commercial uses including office/retail/business uses. The main-floor retail tenant pays $2,700/month with 2 years remaining on a 5-year lease, while the upper-level 3-bedroom, 1-bath apartment has been leased for 3 years at $2,175. 25/month. The basement and second garage are currently being used by the owner and not part of the leased units. Total monthly income of $4,775 generates $57,300 annually, with upper level tenant willing to stay. Attached garage with storeage/loading dock access loading zone. Excellent exposure, public transit at the doorstep, ample street parking, and quick access to the red hill valley parkway and qew make this a strong, turnkey income-producing asset.
    Listing IDX12789996
    Address1548 King Street
    CityHamilton, Ontario
    Price$879,000
    Bed / Bath3 / 2 Full
    Style2-Storey, Store W Apt/Office
    ConstructionBrick, Stucco (Plaster)
    TypeResidential
    StatusFor Sale

    Subtype Store W Apt/OfficeIndoor Features Auto Garage Door Remote, Water HeaterOwnership FreeholdBasement FullFoundation ConcreteHeating / Cooling Forced AirHeating Fuel Gas

    Parking 2.00
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    Listing Agency:  RE/MAX REAL ESTATE CENTRE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1548 King Street
    Hamilton , Ontario
    3 2 $879,000
    Get more info