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320 King Street E Hamilton, Ontario L8N 1C2

1945 sqft

$1,199,999

320 King Street East presents a rare opportunity to acquire a fully stabilized, 5-unit mixed-use asset in the heart of Hamilton’s historic International Village. Generating a highly efficient actual Net Operating Income of $62,459.46 with zero vacancy, the 2,901-square-foot property features a main-floor retail space, three standard apartments, and a premium 650-square-foot renovated coach house ideal for owner-occupiers or yield-focused investors. While currently performing as a turn-key cash generator, the asset offers tangible value-add potential through a significant loss-to-lease opportunity on one drastically under-market residential unit. Furthermore, with a Walker's Paradise Walk Score of 98 and Transit Oriented Corridor (TOC1) zoning, this property is strategically positioned for massive long-term capital appreciation directly along the route of Hamilton's upcoming $3.4 billion Light Rail Transit (LRT) project. (id:49269)

Property Details

MLS® Number 40807775
Property Type Other
AmenitiesNearBy Public Transit
CommunityFeatures High Traffic Area
EquipmentType Water Heater
Features Visual Exposure
RentalEquipmentType Water Heater
SignType Signband

Building

BasementType Full
ExteriorFinish Brick
FoundationType Stone
StoriesTotal 2
SizeExterior 1945.0000
SizeInterior 1945 Sqft
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeDepth 125 Ft
SizeFrontage 20 Ft
SizeIrregular 0.088
SizeTotal 0.088 Ac|under 1/2 Acre
SizeTotalText 0.088 Ac|under 1/2 Acre
ZoningDescription D2

https://www.realtor.ca/real-estate/29439912/320-king-street-e-hamilton

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