ON > Hamilton
Hamilton, ON L8N 1C7,477 King ST E
See all 14 photos
Hamilton, ON L8N 1C7,477 King ST E
Hamilton, ON L8N 1C7,477 King ST E
Hamilton, ON L8N 1C7,477 King ST E
Hamilton, ON L8N 1C7,477 King ST E
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 4,750,000
Est. payment /mo
Save Virtual Tour
Active

477 King ST E Hamilton, ON L8N 1C7

17,491 SqFt

UPDATED:

10/23/2024 01:33 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 17,491 sqft

Price per Sqft $271

MLS Listing ID X9506768

Annual Tax Amount $60,972

Tax Year 2024

Property Description

Attractive 6% Cap Rate on existing income with potential near 8.5% CAP once other half of commercial is leased! 16 residential modernized suites (15 2BR plus 1 3BR), plus 8 retail spaces on main level. A+ location in Downtown Hamilton, approximately 1KM from Hamilton GO station. Property has been well renovated with newer roof (2014), newer windows (2019), and 15 residential suites renovated. Low operational costs with tenants paying for their own hydro. Immediate strong return with readily available, significant upside! Full details available.

Location

Province ON

County Hamilton

Zoning TOC1

Interior

Cooling Partial

Exterior

Utilities Available Yes

Listed by STONEBANK REAL ESTATE LTD.
Filters Reset
Kitchens
Price
Reset

Days On Site
Advanced
Less Than
Days
Bedroom Plus
Beds
Baths
Unit Level

Monthly HOA Fee
Exterior Stories
Num of Units
Acres
Unit Floor Number
Main Level Bedrooms
Num Of Pets
Maintenance
Lot Front
Keyword
Price per Sqft
Tax Amount
Stories
Full Bathrooms
Half Bathrooms
Condo Fee
Lot Depth
Year Built
Maintenance Fee
Assessed Value

Fireplace Number

Carport Spaces
Parking Space
Garage Space

Price Reduced
Virtual Tour
3D Tour
Has Picture
New
Hot
Open House
Save Search
95.7K Properties

10,000+ Properties Available

Connect with us.

Jeff Somlo

Broker

+1(647) 998-3693

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

477 King ST E

Free Account Required