Unknown for 835 King St, Hamilton Ontario L8M 1B1
64 days on Market

835 King St, Hamilton, Ontario L8M 1B1

Townhouse
17
10
~5000 + sqft
$2,299,000
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Townhouse
17
10
~5000 + sqft

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Highlights

Property Estimate

Days on market64 days

Estimated valueNot available

Price/Sqft$230/sqft

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CMA Subject Property

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*Based on last 30 days

Description

Exceptional Investment Opportunity! This property consists of 6 recently renovated residential units and 4 commercial units. The residential units were completely gutted and rebuilt in 2019 with no expense spared, featuring new windows, doors, flooring, countertops, appliances, bathrooms, kitchens and independent HVAC systems for each unit. The property consists of a three-story building with an approximate total area of 11,696 square feet. The commercial portion of the building comprises approximately 4,406 square feet of leasable space, spread across four street-front commercial units, each including basement space. The residential portion of the building accounts for around 7,290 square feet of gross area. With the upcoming construction of the new LRT route running directly along King St. E. and on-site parking, this location is set for even greater potential. All tenants cover their own hydro and gas expenses. A highly profitable investment, with dropping interest rates this is your chance to acquire 10 doors in one go and start cash flowing.


Property Details

Style3-Storey
View-
Age of property-
SqFt~5000 + SqFt
Lot Size5,760 SqFt(80 x 72)
Parking Spaces5
MLS ®NumberX12116380
Community NameGibson
Data SourceTRREB
Listing byIPRO REALTY LTD.

Features

Heating: Forced Air
Cooling: Other
Basement: Unfinished

Features

Lot size: 5,760 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Market Data - Gibson

Geo Zone Map ThumbnailGibson

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

0 day

2023

13 days

2022

18 days

New Listings

Past 30 days

3 listings

Compared to

2024

1 listing

2023

2 listings

2022

4 listings

Units sold

Past 30 days

0 unit

Compared to

2024

0 unit

2023

1 unit

2022

2 units

Median Sold Price

Past 30 days

$0

Compared to

2023

$444,900

2022

$567,500


Population and Demographics

Overview

Total population 7422
Average household income $86,536

Age (%)

0 to 19
23%
20 to 34
26%
35 to 49
20%
50 to 64
19%
65 and plus
12%

Household composition (%)

Single family
51%
Single person
40%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
81%
Spanish
3%
Arabic
2%
Portuguese
2%
Somali
2%
Vietnamese
2%
Others
2%
French
1%
Italian
1%

House tenancy (%)

Renters
60%
Owners
40%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget