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320 KING STREET E

Hamilton (Beasley)

,
Ontario
L8N1C2
$1,099,900
Retail

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. (id:6355)

DETAILS
: X13107146
: For sale
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: /
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: Bldg=19.62 x 124.8 FT
: Bldg=19.62 x 124.8 FT
: 1945 sqft
: Municipal water
: Radiant heat
: None
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: KELLER WILLIAMS COMPLETE REALTY
ROOMS
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  • 416-909-5517
  • 416-587-0122

Revel Realty Inc., Brokerage
296 Queen Street S.
Mississauga, ON  L5M 1M2
1-855-738-3547

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.