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

 

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$799,000
Available - For Sale
Listing ID: X13506188
Impressive mixed-use investment opportunity situated on a generous 75.25 ft x 137.42 ft lot in a high-exposure King Street East location. This income-producing property offers a rare combination of commercial and residential revenue streams, making it an excellent addition to any investment portfolio. The property features a commercial unit on the main level generating $2,500/month, a spacious upper residential apartment currently rented for $2,000/month, and a basement unit with potential to generate $2,000/month (buyer to verify). With multiple tenancies in place, investors can benefit from immediate cash flow and long-term appreciation potential.Strategically located in Hamilton's growing east-end corridor, this property enjoys excellent visibility, steady pedestrian and vehicular traffic, and convenient access to transit, major roadways, shopping, and neighbourhood amenities. The expansive lot offers added value and future potential, subject to municipal approvals. Whether you're an investor seeking stable income or an owner-operator looking for a property with built-in rental support, this versatile mixed-use asset presents an outstanding opportunity in a thriving market.
Price $799,000
Taxes: $7,000
Occupancy by: Tenant
Address: 1408 King Street East , Hamilton, L8M 1H8, Hamilton
Directions/Cross Streets: Main St E & Ottawa St S
Rooms: 9
Rooms +: 4
Bedrooms: 4
Bedrooms +: 1
Washrooms: 3
Family Room: F
Basement: Apartment
No. of Pieces Level
Washroom 1 3 Main
Washroom 2 3 Upper
Washroom 3 3 Basement
Washroom 4 0
Washroom 5 0
Washroom 6 3 Main
Washroom 7 3 Upper
Washroom 8 3 Basement
Washroom 9 0
Washroom 10 0
Washroom 11 3 Main
Washroom 12 3 Upper
Washroom 13 3 Basement
Washroom 14 0
Washroom 15 0
Property Type: Duplex
Style: 2-Storey
Exterior: Brick
Garage Type: Attached
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 2000-2500
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: Y
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 $ $ $ $
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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.
PROPERTY XCHANGE REALTY POINT

1408 King Street East , Hamilton, L8M 1H8, Hamilton

Personal Picture
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 - Duplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Delta
Style: 2-Storey
Lot Size: x 137.42(Feet)
Approximate Age:
Tax: $7,000
Maintenance Fee: $0
Beds: 4+1
Baths: 3
Garage: 0
Fireplace: Y
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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