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FARHANG RAFII

Sales Representative
Right At Home Realty, Brokerage Independently owned and operated. 1550 16TH AVENUE BLDG B UNIT 3 & 4, Richmond Hill, Ontario L4B3K9 Cell: 647-606-4145Office: 905-695-7888

$839,000
Available - For Sale
Listing ID: X13565112
183 King Street East , Hamilton, L8N 1B3, Hamilton


An exceptional opportunity to acquire a fully tenanted mixed-use investment property in the heart of downtown Hamilton's rapidly revitalizing International Village. This classic, low-maintenance building features a leased street-front commercial retail unit and two leased residential apartments above, providing three established income streams, immediate cash flow, and long-term investment stability.The recently renovated commercial space offers soaring ceilings, exposed brick, abundant natural light, and an open-concept layout with exceptional visibility along the bustling King Street East corridor. The two upper residential apartments feature bright open-concept living areas with large windows, kitchens complete with stainless steel appliances, and access to shared on-site laundry. The building's common areas have been renovated, and one apartment has been fully renovated, enhancing tenant appeal and long-term value.Ideally positioned in one of Hamilton's fastest-growing downtown neighbourhoods, the property benefits from excellent transit access, major bus routes, dedicated bike lanes, and is within walking distance of restaurants, cafés, shopping, parks, City Hall, and the Hamilton Central Business District. Surrounded by ongoing residential and commercial development, this turnkey asset is well positioned for continued appreciation.Whether you're expanding an established portfolio or seeking a stable, income-producing investment, 183 King Street East offers diversified revenue, quality updates throughout, and outstanding long-term growth potential.
Price $839,000
Taxes: $9500.00
Tax Type: Annual
Assessment Year: 2025
Occupancy: Tenant
Address: 183 King Street East , Hamilton, L8N 1B3, Hamilton
Postal Code: L8N 1B3
Province/State: Hamilton
Legal Description: LT 7 RCP 1393 T/W CD389575 EXCEPT THE EA
Directions/Cross Streets: Wellington St. N & King St. E
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Multi-Use
Building Percentage: F
Total Area: 2000.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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FARHANG RAFII
Sales Representative
Dir:
647-606-4145
Bus:
905-695-7888
 
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At a Glance:
Type: Com - Commercial Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Beasley
Style:
Lot Size: x 98.85(Feet)
Approximate Age:
Tax: $9,500
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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