216-218 King Street E Hamilton, Ontario L8N 1B5
$1,900,000
Excellent mixed-use investment opportunity in the heart of downtown Hamilton. This income-producing property features 2 fully leased ground-floor retail units generating a combined $4,300/month, plus 2 vacant 1-bed, 1-bath loft-style residential units, each with a private balcony overlooking vibrant King St. E, ready to be leased at today's market rents. An additional third residential unit offers excellent value-add potential and awaits restoration, providing an opportunity to further increase income through renovation. All 4 existing units are separately metered, allowing for efficient utility management. The property also offers rear parking and is ideally located close to public transit, shopping, restaurants, and the ongoing growth and revitalization of Hamilton's downtown core. A rare opportunity to acquire a well-located mixed-use asset with immediate commercial income, vacant residential units ready for lease-up, and future upside through renovation and increased rental potential. (id:50787)
Property Details
| MLS® Number | 40844755 |
| Property Type | Other |
| Amenities Near By | Public Transit |
| Community Features | High Traffic Area |
Building
| Basement Type | Partial |
| Fire Protection | Unknown |
| Stories Total | 2 |
| Size Exterior | 3000.0000 |
| Size Interior | 3,000 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 107 Ft |
| Size Frontage | 37 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D2 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/29980544/216-218-king-street-e-hamilton
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July 02 2026 07:12:35
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