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    For Sale - 1548 King Street, Hamilton, Ontario

    Est payment $4,357/mo
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    Time on Jump  1 days

    AI Summary *

    • Fully leased property with stable income from both commercial and residential tenants.
    • Located in a high-traffic area, ensuring excellent visibility for businesses.
    • Versatile C2 zoning allows various commercial uses on the main floor.
    • Public transit nearby and easy access to major highways for convenience.
    • Additional storage/loading dock access and ample street parking available.




    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 $2,075/month. The basement is 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.
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    1548 King Street
    Hamilton , Ontario
    3 2 $879,000
    Get more info