232 King Street W,Hamilton, ON L8P 1A9
Hamilton, ON L8P 1A9
Description
The Ultimate Hamilton Hustle: Historical Charm Meets High-Yield Cash Flow. Looking for a turn-key asset that practically pays for itself from day one? Welcome to King Street West. This legally zoned, separately metered mixed-use duplex is serving pure historical character wrapped in completely modernized infrastructure. Pulling in $5,360.00 in combined monthly rent ($3,260.00 Commercial / $2,100.00 Residential), this is the definition of a smart, self-sustaining investment. Whether you want to sit back and collect the checks, live in the gorgeous upper loft while your main floor tenant covers the mortgage, or launch your own brick-and-mortar dream-the vibe here is unmatched. Ideally positioned next to Hess Village, upcoming McMaster student housing, and steps from Jackson Square and FirstOntario Centre with a fast two-minute drive to the 403. Completely renovated top-to-bottom, the building features a new roof, HVAC, skylight, eavestroughs, and an owned hot water tank. The main floor commercial space showcases soaring 12-foot tin ceilings, repointed exposed brick, new windows, electronic storefront locks, iron gating, and a rear bonus room with independent King Street access. Upstairs, a massive two-storey, one-bedroom residential loft easily convertible to two bedrooms boasts 10-foot ceilings, a spacious living area, a quartz kitchen, a private fenced patio, and secure parking via the rear alley. History, style, and serious revenue in one unbeatable package. Separately metered legal duplex. Note that the buyer is to verify HST allocation, and the commercial portion is in addition to the purchase price.
Details
| MLS # | X13854734 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 33 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | X13854734 519014 |
Features
| SQ Feet | 1,700 |
|---|---|
| Acreage | 0.04 |
Interior
| Cooling | Yes |
|---|
Exterior
| Community Features | Major Highway, Public Transit |
|---|---|
| Security Features | No |
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 7225 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8P 1A9 |
| Area | Central |
| Listing VS Median (in L8P 1A9) | |
Price: $749,000 low | high Med: $749,000 sqft: 1,700 low | high Med: 1,700 $ / sqft: $441 low | high Med: $441 On site: 33 low | high Med: 33 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8P 1A9 |
| Area | Central |
| Listing VS Median (in L8P 1A9) | |
Price: $749,000 low | high Med: $749,000 sqft: 1,700 low | high Med: 1,700 $ / sqft: $441 low | high Med: $441 On site: 33 low | high Med: 33 | |
