Sean Kim
Broker
$799,000
Available - For Sale
Listing ID: X13506188
1408 King Street East , Hamilton, L8M 1H8, Hamilton
| 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 (buyer to verify). 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. |
| Price | $799,000 |
| Taxes: | $7000.00 |
| Occupancy: | Tenant |
| Address: | 1408 King Street East , Hamilton, L8M 1H8, Hamilton |
| Directions/Cross Streets: | Main St E & Ottawa St S |
| Rooms: | 9 |
| Rooms +: | 4 |
| Bedrooms: | 4 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Apartment |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Upper |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Upper |
| Washroom Type 8 | 3 | Basement |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | Attached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| PROPERTY XCHANGE REALTY POINT |
|
|
Sean Kim
Broker
Dir:
416-998-1113
Bus:
905-270-2000
Fax:
905-270-0047
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Duplex |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Delta |
| Style: | 2-Storey |
| Tax: | $7,000 |
| Beds: | 4+1 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |
Locatin Map:
Payment Calculator:
