216-218 King Street E, Hamilton, ON L8N 1B5
Hamilton, ON, L8N 1B5 · Beasley
About this property
Excellent mixed-use investment opportunity in the heart of downtown Hamilton. This income-producing property features 2 fully leased ground-floor retail units, plus 2 vacant 1-bed, 1-bath loft-style residential units, each with a private balcony overlooking vibrant King St. E, ready to be leased at today's market rents. An additional third residential unit offers excellent value-add potential and awaits restoration, providing an opportunity to further increase income through renovation. All 4 existing units are separately metered, allowing for efficient utility management. The property also offers rear parking and is ideally located close to public transit, shopping, restaurants, and the ongoing growth and revitalization of Hamilton's downtown core. A rare opportunity to acquire a well-located mixed-use asset with immediate commercial income, vacant residential units ready for lease-up, and future upside through renovation and increased rental potential.
Features & Amenities
- Garage: Outside/Surface
- Cooling: Yes
- Heat Type: Electric Forced Air
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Store W Apt/Office |
| Garage | Outside/Surface |
| Heat Type | Electric Forced Air |
| Cooling | Yes |
| Annual Tax | $22,840 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 3000
Heating & Cooling
- Heat Type
- Electric Forced Air
- Cooling
- Yes
Parking & Garage
- Garage Type
- Outside/Surface
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 107.00
- Lot Width
- 36.58
Financial & Tax
- Tax Annual Amount
- $22,840
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Utilities
- Yes
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Hamilton
- Cross Street
- Walnut Street S
- Directions
- Between Walnut Street S & Ferguson Avenue S on King Street E.
- Showing Requirements
- Showing System
Location
216-218 King Street E, Hamilton, ON L8N 1B5, Hamilton, ON, L8N 1B5