249-255 King Street E Hamilton, Ontario L8N 1B9

8,852 sqft

$2,250,000

Turnkey mixed-use investment opportunity in the heart of downtown Hamilton. Situated on a prominent corner at King St E and Ferguson Ave N, this fully tenanted asset offers a blend of stable residential income and high-exposure commercial frontage. The property features two ground-floor commercial units and six residential apartments (1- and 2-bedroom units). Fully leased at market rents with a favourable tenant structure, providing consistent cash flow from a diversified income base. Located in a high-traffic, rapidly evolving corridor with excellent walkability and transit access, this is an ideal opportunity for investors seeking a stable, long-term asset in a prime urban location. (id:49269)

Property Details

MLS® Number 40818294
Property Type Other
Amenities Near By Public Transit, Schools
Community Features High Traffic Area
Features Southern Exposure

Building

Basement Type None
Stories Total 3
Size Exterior 8852.0000
Size Interior 8,852 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 60 Ft
Size Irregular 0.13
Size Total 0.13 Ac|under 1/2 Acre
Size Total Text 0.13 Ac|under 1/2 Acre
Zoning Description D2

https://www.realtor.ca/real-estate/29622520/249-255-king-street-e-hamilton

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