$879,000

Store W Apt/office

1548 King Street, Hamilton, ON

8 DAYS
3
2
2
2500-3000
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Listed by RE/MAX REAL ESTATE CENTRE INC.

Property Highlights

Garage

2 spaces

Property Tax

$11,075/yr

Lot Size

3,960 sqft

Style

2-Storey

Basement

Full

Monthly Cost

$4,635/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$3,712
Property Tax ($11,075/yr)$923
Total$4,635

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Workshop: 3.02m × 4.85m
Office: 3.08m × 7.89m
Other: 3.57m × 7.89m

Second Level

Kitchen: 4.00m × 4.05m
Bedroom 2: 3.41m × 2.83m
Dining Room: 2.80m × 4.02m
Bedroom 3: 3.38m × 2.83m
Living Room: 4.36m × 6.43m
Primary Bedroom: 4.39m × 2.78m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage