463-477 King St E
Commercial/Retail | 0 | 0 | 0 sqft
$5,300,000
Landsdale,Hamilton,Ontario, L8N 1C7
463-477 King St E, Hamilton Commercial/Retail Photos
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Property Info
MLS®:
X8212410
Style of House:
other
Bedrooms:
0
Bathrooms:
0
Last Updated:
2024-04-08
List Price:
$5,300,000
Strata Fee:
$0.00
Floor Area:
0 sq. ft
Unit Price:
$5,300,000/sq. ft
Lot Size:
17853.75
Basement:
Y
Tax Amount
$30,339/Year
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Description
A 24-unit mixed-use (retail/apartment) building located in Hamilton, Ontario. The Property comprises 15, 2-bedroom and 1, 3-bedroom apartment suits and 8 ground floor retail units spanning 950 to 1,100 SF in size. In addition to leasing 87.5% of the residential units at market rates, the Vendor has undergone extensive renovations to the property since 2019, including updates to the picturesque facade, replacing residential windows, commercial doors and glass doors. Total retail area of 9,270 SF. The Property generates $410,951 in annual net operating income.
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