CAONHamilton (Landsdale)571-575 King Street E

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571-575 King Street E, Hamilton (Landsdale), ON

Name: 571-575 King Street E, For Sale in Hamilton (Landsdale) - Zoocasa
Brand: Corcoran Horizon Realty
SKU: X14104950
Price: 1489000 CAD

House

For Sale

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000

MLS® X14104950

Overview

Key Facts

Type

Levels Commercial Sale

Size 5544 sqft

Garage

Taxes $11,553

Days Active 0

Lot Size

Approx. Age

Avg. Price Per Sqft $268

MLS® Number X14104950

Property Address: 571-575 King Street E, Hamilton (Landsdale), ON, L8L5N3

Average square foot calculated using Size range provided by listing agent.

Description

Significantly renovated mixed-use investment property on Hamilton's future LRT corridor! Offering 5, 544 sq. ft. above grade, this exceptionally well-maintained, two-storey building underwent an extensive, near-total renovation in 2019-2020 and features three 1-bedroom residential apartments and three ground-floor retail storefronts, two of which are currently combined into one commercial unit. A full, usable basement provides substantial additional storage, while a rear fire escape adds further functionality. Offered at an attractive 6.2% cap rate, reflecting the significant capital investment already undertaken, this is an opportunity to acquire a substantially improved asset with diversified residential and commercial income. Situated on King Street East, directly along the planned Hamilton LRT route, the property is exceptionally well positioned to benefit from future transit investment, neighbourhood revitalization, and long-term growth. An appealing opportunity for investors seeking quality construction, current income, and meaningful future upside. (id:58753)Show Description

MLS® NumberX14104950

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

HeatForced air, Natural gas

A/CPartially air conditioned

Extras

Map

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