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$879,000
Available - For Sale
Listing ID: X12787452
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.
Price $879,000
Taxes: $11,075.4
Tax Type: Annual
Monthly Condo Fee: $0
Occupancy by: Tenant
Address: 1548 King Street East , Hamilton, L8K 1S9, Hamilton
Postal Code: L8K 1S9
Province/State: Hamilton
Legal Description: PT LT 189, PL 531 , AS IN VM231145 ; HAM
Directions/Cross Streets: King St E / Ottawa St E
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 2,740
Total Area Code:  Sq Ft Divisible
Office/Appartment Area: 1374
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Days Open: O
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Rail: N
Clear Height Feet: 8
Truck Level Shipping Doors #: 0
  Height Feet: 0
Double Man Shipping Doors #: 0
  Height Feet: 0
Drive-In Level Shipping Doors #: 2
  Height Feet: 8
  Width Feet: 8
Grade Level Shipping Doors #: 0
Height Feet: 0
Width Feet: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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RE/MAX REAL ESTATE CENTRE INC.

1548 King Street East , Hamilton, L8K 1S9, Hamilton

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Commercial Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Delta
Style:
Lot Size: x 99.00(Feet)
Approximate Age:
Tax: $11,075.4
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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