Key Facts
- MLS® #: X12789996
- Property ID: SIRC3112173
- Property Type: Residential, Other
- Lot Size: 3,960 sq.ft.
- Bedrooms: 3
- Bathrooms: 2
- Parking Spaces: 2
- Listed By:
- RE/MAX REAL ESTATE CENTRE INC.
Property Description
Exceptional investment opportunity with this fully leased live/work property in a prime high-traffic area of east-end Hamilton. This freestanding high-visibility corner building features approximately 1,400 sq. ft. of commercial space on the main floor with 11ft high ceilings and an additional 1,400 sq. ft. second-floor residential apartment and a basement. Zoned C2, the property supports a wide range of commercial uses including office/retail/business uses. The main-floor retail tenant pays $2,700/month with 2 years remaining on a 5-year lease, while the upper-level 3-bedroom, 1-bath apartment has been leased for 3 years at $2,175.25/month. The basement and second garage are currently being used by the Owner and not part of the leased units. Total monthly income of $4,775 generates $57,300 annually, with Upper Level tenant willing to stay. Attached garage with storeage/loading dock access loading zone.Excellent exposure, public transit at the doorstep, ample street parking, and quick access to the Red Hill Valley Parkway and QEW make this a strong, turnkey income-producing asset.
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Rooms
- TypeLevelDimensionsFlooring
- Home officeMain25' 10.6" x 10' 1.2"Other
- OtherMain25' 10.6" x 11' 8.5"Other
- WorkshopMain15' 10.9" x 9' 10.8"Other
- Living room2nd floor21' 11.4" x 14' 3.6"Other
- Dining room2nd floor13' 2.2" x 9' 2.2"Other
- Kitchen2nd floor13' 3.4" x 13' 1.4"Other
- Other2nd floor9' 1.4" x 14' 4.8"Other
- Bedroom2nd floor9' 3.4" x 11' 2.2"Other
- Bedroom2nd floor9' 3.4" x 11' 10.7"Other
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Location
1548 King St E, Hamilton, Ontario, L8K 1S9 Canada
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