320 KING Street, Hamilton, ON
Description
Property Highlights
Welcome to this remarkable [] commercial retail located in the coveted neighborhood of Beasley. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,099,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 19.62 x 124.8 ft lot size
- Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
- Convenient public garage included
- equipped with ["no"] central cooling and highly efficient radiant heating
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 98and 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.
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Pricing & Value Insights
Data-driven valuation for 320 KING Street E, Hamilton, ON L8N 1C2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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