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$ 2,199,000
Est. payment /mo
Active
476 King Street W Hamilton, ON L8P 1B7
7,611 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed,Building Only
Listing Status Active
Purchase Type For Sale
Square Footage 7,611 sqft
Price per Sqft $288
MLS Listing ID 40705784
Abv Grd Liv Area 7,611
Originating Board Mississauga
Annual Tax Amount $24,000
Property Sub-Type Mixed,Building Only
Property Description
This exceptional mixed-use property is located on the future LRT, o?ers both commercial and residential opportunities in a prime downtown location. Situated at the corner of King and Locke, the building includes a ground-floor commercial space currently home to Hamilton's renowned steakhouse, Victorias, as well as four spacious residential units above with separate meters. The main-level commercial space features a spacious dining area, private dining room, bar area, a fully equipped kitchen, and four bathrooms. Its central location ensures high visibility and significant foot tra?c. The residential units provide bright and airy living spaces, with kitchens boasting upgraded cabinetry and countertops in most, and renovated bathrooms (2018). The property's strategic location o?ers easy access to Hamilton's vibrant downtown, public transit, and major highways. Residents will enjoy proximity to local parks, schools, shopping, and dining, while business owners will benefit from the thriving community and ongoing urban development. Additional amenities include parking for both commercial and residential tenants, a well-maintained exterior, and secure entry. Whether you are looking to expand your real estate portfolio or invest in a property with diverse income potential, 470 King St W presents a rare and valuable opportunity. Current NOI of $105k Projected NOI of $115k
Location
Province ON
County Hamilton
Area 10 - Hamilton West
Zoning TOC1
Direction King st and Locke
Rooms
Basement Partial
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 66.0
Lot Depth 93.6
Garage No
Building
Lot Description Rectangular, City Lot, High Traffic Area, Public Transit, Visual Exposure
Faces King st and Locke
Story 2
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 171450059
Ownership Freehold/None
Listed by IPRO REALTY