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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,999,000
Available - For Sale
Listing ID: X12002893
This exceptional mixed-use property is located on the future LRT, offers both commercial and residential opportunities in a prime downtown location. Situated at the corner of King and Locke, the building includes a ground-floor commercial space currently home to Hamilton's renowned steakhouse, Victorias, as well as four spacious residential units above with separate meters. The main-level commercial space features a spacious dining area, private dining room, bar area, a fully equipped kitchen, and four bathrooms. Its central location ensures high visibility and significant foot traffic. The residential units provide bright and airy living spaces, with kitchens boasting upgraded cabinetry and countertops in most, and renovated bathrooms (2018). The property's strategic location offers easy access to Hamilton's vibrant downtown, public transit, and major highways. Residents will enjoy proximity to local parks, schools, shopping, and dining, while business owners will benefit from the thriving community and ongoing urban development. Additional amenities include parking for both commercial and residential tenants, a well-maintained exterior, and secure entry. Whether you are looking to expand your real estate portfolio or invest in a property with diverse income potential, 470 King St W presents a rare and valuable opportunity. Current NOI of $105k Projected NOI of $115k
Price $1,999,000
Taxes: $24,000
Occupancy by: Tenant
Address: 470 King Stre West , Hamilton, L8P 1B7, Hamilton
Directions/Cross Streets: King st and Locke
Rooms: 18
Bedrooms: 4
Bedrooms +: 0
Washrooms: 7
Family Room: F
Basement: Partially Fi
Unfinished
No. of Pieces Level
Washroom 1:  3 Second
Washroom 2:  2 Ground
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Store W Apt/Office
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 5000 +
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: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
IPRO REALTY LTD.

470 King Stre West , Hamilton, L8P 1B7, Hamilton

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

 
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At a Glance:
Type: Freehold - Store W Apt/Office
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Strathcona
Style: 2-Storey
Lot Size: x 93.67(Feet)
Approximate Age:
Tax: $24,000
Maintenance Fee: $0
Beds: 4
Baths: 7
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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