835 KING STREET E, Hamilton (Gibson), Ontario, L8M1B1
MLS: X12931278 | Retail
$1,999,000
Property Description
Turnkey Mixed-Use Investment - 10 Doors. Exceptional opportunity to acquire a fully renovated mixed-use asset consisting of 6 residential units and 4 street-front commercial units. The residential component was completely gutted and rebuilt in 2019, with extensive upgrades including new windows, doors, kitchens, bathrooms, flooring, appliances, and independent HVAC systems for each unit, significantly reducing future capital requirements. The property spans approximately 11,696 square feet across a three-storey structure. The commercial component offers roughly 4,406 square feet of leasable space across four storefront units, each with basement access, while the residential portion totals approximately 7,290 square feet of gross floor area. This asset provides diversified income across ten units, combining stable residential demand with highly visible street-level retail exposure along King Street East. Additional features include on-site parking and individually metered utilities, with tenants responsible for their own hydro and gas, helping maintain strong operating margins. Positioned along the future Hamilton LRT corridor, the property benefits from a major infrastructure investment that is expected to enhance long-term desirability, tenant demand, and property values along the corridor. A rare opportunity to acquire a renovated, income-producing 10-unit mixed-use building in a rapidly evolving urban corridor with both current cash flow and long-term appreciation potential. (id:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: None
- Living Area: 11,696 sq ft (1,086.6 m²)
- Frontage: 80 ft (24.4 m)
Costs
- Annual Taxes: $19,403.00 (2025)
Listing Provided by: ROYAL LEPAGE TERREQUITY REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Fully air conditioned
Exterior & Construction
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 80 ft (24.4 m)
- Features: Irregular lot size
- Zoning: TOC3
Community & Neighbourhood
- Neighbourhood: Gibson
Listing Information
Listing History
MLS listing activity for 835 KING STREET E, Hamilton (Gibson), Ontario, L8M1B1 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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835 KING STREET E, Hamilton (Gibson), Ontario, L8M1B1