$850,000

246 King Street W

Hamilton ON, L8P 1A9

Description

Steel town Hamilton, or should we say BOOM-TOWN? Benefit from the unprecedented Hamilton Development Boom, Excellent investment opportunity. Mixed use Commercial/Residential property located in the heart of King St W. Steps to 23-storey Platinum Condos Development and 20/22 George Street Condos (230 units), Hess Village and easy access to 403 and transit. Walker's paradise with a walk score of 97. Walk to James North Arts District, farmer's Market, GO Station, shops, restaurants and cafes. Live upstairs and collect rent from additional apartment(s) and commercial space on main floor. Current commercial space rented by 420 Love Cannabis Dispensary (rents main floor at 246 & 248 King St W) + Residential: 1x2 bedroom, + 1x1 bedroom with private decks. Over 2800 sq ft of space with full unfinished basement, plus parking for 2-3 cars at the back. Must be purchased with 248 King St W.

Details

MLS#H4087836
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site19

Features

SQ Feet2,800
Units3
Building(s)1
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Area Information
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8P 1A9
AreaHamilton
Listing VS Median (in L8P 1A9)
Price:
$850,000
low | high
Med:
$789,950
57.064705882353% of Average
SqFt:
2,800
low | high
Med:
1,924
81.285714285714% of Average
$ / SqFt:
$304
low | high
Med:
$441
4.816896491534% of Average
On Site:
19
low | high
Med:
66
28.787878787879% of Average
Listing Updated: 09/29/2020
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.