73 King Street E
Hamilton, ONTARIO L8N 1A5

$1,600,000

Description

Rare Commercial/Residential opportunity in prime Hamilton location, with approx $141,000 annual income and approx 7.6% CAP Rate! Totally redesigned and restored building, all new mechanical systems, structural, wiring, plumbing, windows, insulation, HVAC, kitchens, bathrooms, LED lighting - fine luxury finishes. Approx $700,000 invested in renovations alone in past 2 years. Upscale commercial/residential property with approx 5938sqft total building area (approx 4148sqft total area above grade). Ideal location, steps to future LRT stop, Royal Connaught condos, office towers, major banks, and several other significant developments in the area, which are driving continued growth and traffic for retail value. 3.5 levels above grade, with high ceilings in lower level. Main floor and lower level commercial, with 2 large and luxurious apartments on upper 3 levels. Spectacular apartments feature an open concept floor plan, king sized master suite, gorgeous hardwood floors, quartz countertops, brand new appliances and fixtures. Amazing city views from large picturesque windows and huge outdoor decks. D2 Zoning. Call listing agent for more details. View stunning 3D virtual tour on Urban Group website (click multimedia).

Details

MLS#H4046302
StyleIndustrial
Sub-TypeResale
StatusContingent
Days On Site156

Features

SQ Feet5,938
Story(s)1

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Area Information

ProvinceOntario
CountyHamilton
CityHamilton
Postal CodeL8N 1A5
AreaHamilton
Listing VS Median (in L8N 1A5)
Price:
$1,600,000
low | high
Med:
$1,600,000
50% of Average
SqFt:
5,938
low | high
Med:
5,938
50% of Average
$ / SqFt:
$269
low | high
Med:
$269
50% of Average
On Site:
156
low | high
Med:
156
100% of Average
Listing Updated: 07/20/2019
MLS Number: H4046302
Listing Provided By:
Ryan Urban  of  Royal LePage Burloak Real Estate Services
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.