807-809 King Street E Hamilton, Ontario L8M 1A8
$989,000
GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 COMMERCIAL UNIT + 3 RESIDENTIAL UNITS! 2 RESIDENTIAL UNITS ARE ONE BEDROOM AND THIRD UNIT IS A LOFT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA TENANTS, THE RETAIL UNIT IS A 1750 SQFT AND A FULL BASEMENT. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING IS AT THE REAR OF THE BUILDING, YEARLY INCOME IS $58681.2, AND TENANT PAYS ALL THEIR UTILITIES, EXCEPT GAS. THE SELLER PAYS PROPERTY TAXES, INSURANCE AND GAS. POSSIBILITY TO STAY IN ONE UNIT AND OTHER UNITS CAN BE RENTED. THE RETAIL STORE HAS A KITCHENETTE AND 2 WASHROOMS, INCLUDING DISABLED WASHROOM DONT MISS THIS OPPORTUNITY WON'T LAST LONG. **** EXTRAS **** THIS VERSATILE MULTI-USE BUILDING IS A FANTASTIC OPPORTUNITY FOR BUSINESS AND RESIDENTIAL PURPOSES.IT IS A GEM FOR INVESTORS AND ENTREPRENEURS.THE MIX OF COMM AND RES SPACES PROVIDES MULTI INCOME STREAMS FOR SAVVY INVESTORS. (id:50886)
Business
| BusinessType | Retail and Wholesale |
| BusinessSubType | Retail misc. |
Property Details
| MLS® Number | X11917141 |
| Property Type | Retail |
| Community Name | Gibson |
| ParkingSpaceTotal | 3 |
Building
| BathroomTotal | 1 |
| BedroomsTotal | 3 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeExterior | 3826 Sqft |
| SizeInterior | 3826 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft ,6 In |
| SizeFrontage | 29 Ft ,1 In |
| SizeIrregular | Bldg=29.13 X 100.56 Ft ; 100.56x29.13x26.05x.5ftx69.85ftx29.48ft |
| SizeTotalText | Bldg=29.13 X 100.56 Ft ; 100.56x29.13x26.05x.5ftx69.85ftx29.48ft |
| ZoningDescription | T0c3 |
https://www.realtor.ca/real-estate/27788347/807-809-king-street-e-hamilton-gibson-gibson
Interested?
Contact us for more information
Faisal Aftab Syed
Salesperson
1339 Matheson Blvd E.
Mississauga, Ontario L4W 1R1
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 10 2025 04:40:46
Toronto Real Estate Board
Homelife/miracle Realty Ltd