835 King Street E Hamilton (Gibson), Ontario L8M 1B1
$2,299,000
Exceptional Investment Opportunity! This property consists of 6 recently renovated residential units and 4 commercial units. The residential units were completely gutted and rebuilt in 2019 with no expense spared, featuring new windows, doors, flooring, countertops, appliances, bathrooms, kitchens and independent HVAC systems for each unit. The property consists of a three-story building with an approximate total area of 11,696 square feet. The commercial portion of the building comprises approximately 4,406 square feet of leasable space, spread across four street-front commercial units, each including basement space. The residential portion of the building accounts for around 7,290 square feet of gross area. With the upcoming construction of the new LRT route running directly along King St. E. and on-site parking, this location is set for even greater potential. All tenants cover their own hydro and gas expenses. A highly profitable investment, with dropping interest rates this is your chance to acquire 10 doors in one go and start cash flowing. (id:50787)
Property Details
| MLS® Number | X12116380 |
| Property Type | Multi-family |
| Community Name | Gibson |
| Parking Space Total | 5 |
Building
| Bathroom Total | 10 |
| Bedrooms Above Ground | 17 |
| Bedrooms Total | 17 |
| Appliances | Water Meter |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick |
| Foundation Type | Unknown |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 5000 - 100000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 80 Ft |
| Size Frontage | 72 Ft |
| Size Irregular | 72 X 80 Ft ; Irregular |
| Size Total Text | 72 X 80 Ft ; Irregular |
| Zoning Description | H |
https://www.realtor.ca/real-estate/28242969/835-king-street-e-hamilton-gibson-gibson
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May 01 2025 05:37:36
Toronto Real Estate Board
Ipro Realty Ltd.