Property Details

463 KING ST E, Hamilton, Ontario, L8N1C7

463 KING ST E, Hamilton, Ontario, L8N1C7 (ID X6030400)
Representative
Robert Caister portrait
Robert Caister
Sales Representative
ROYAL HERITAGE REALTY LTD., BROKERAGE
Cell: 705-761-0995
Tel: 705-742-4777

$5,899,000 - For sale

ID#:X6030400

This Investment Giant Offers Tremendous Cashflow Value With Strong Future Upside. With Over 142' Of Frontage On The Lrt Route And A Large 26-Car Parking Lot Behind It, This Property Occupies The Majority Of Its Block. The 8 Retail Units, 16 Residential Units, Coin Laundry, And Parking Rentals Offer Strong Multi-Stream Cashflow. Extensively Renovated, This Property Benefits From Major Facade Updates Including All-New Retail Glass, Newer Windows, Roof, And High-Efficiency Boilers. Additional Updates Are Currently Underway In Several Of The Retail Units. Clean Phase I In 2019. Strong Noi That Continues Climbing As Commercial Units Lease Up! This Beautiful Property Is In Excellent Condition And Will Continue To Climb In Value As Rents Rise And The Neighbourhood Continues To Redevelop As Lrt Is Implemented. Don't Miss This Spectacular Investment For Both Short-Term And Long-Term Benefit. (id:2471)

Property Details
  • Property Address:463 KING ST E, Hamilton, Ontario, L8N1C7
  • Property Type:Multi-family
  • Community Name:Landsdale
  • Lot Size:143 x 125 FT acres
  • Water Type:Municipal water
  • Parking Space Total:26
Structure Details for 463 KING ST E, Hamilton, Ontario, L8N1C7
  • Structure Style:Multi-Family
  • Bathrooms:19
  • Floor Space:17800 sqft
  • Cooling Type:Partially air conditioned
Amenities for 463 KING ST E, Hamilton, Ontario, L8N1C7
  • Amenities Nearby:Public Transit
Representative
Robert Caister portrait
Robert Caister
Sales Representative
ROYAL HERITAGE REALTY LTD., BROKERAGE
Cell: 705-761-0995
Tel: 705-742-4777
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463 KING ST E, Hamilton, Ontario, L8N1C7

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