$5,300,000
463-477 King St E
Landsdale, Hamilton, Ontario, L8N 1C7
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A 24-unit mixed-use (retail/apartment) building located in Hamilton, Ontario. The Property comprises 15, 2-bedroom and 1, 3-bedroom apartment suites and 8 ground floor retail units spanning 950 to 1,100 SF in size. In addition to leasing 85.5% 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 windows. Total retail area of 9,270 SF. The Property generates $410,951 in annual net operating income.
Property Info
MLS®:
X8212402
Listing Courtesy of
COLLIERS MACAULAY NICOLLS INC.
Total Bedrooms
0
Total Bathrooms
0
Basement
Y
Floor Space
0 sq.ft.
Lot Size
17854 sq.ft.
Style
other
Last Updated
2024-04-08
Property Type
Investment
Listed Price
$5,300,000
Unit Pricing
$5,300,000/sq.ft.
Strata Fee
$0.00
Tax Estimate
$30,339/Year
More Details
Sold History
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