$1,489,000
( $268.58Per Sq Foot )
 $7,993 est/mo Sourced by Back At You

571-575 King Street E,Hamilton, ON L8L 5N3

Hamilton, ON L8L 5N3

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Description

Significantly renovated mixed-use investment property on Hamilton's future LRT corridor! Offering 5,544 sq. ft. above grade, this exceptionally well-maintained, two-storey building underwent an extensive, near-total renovation in 2019-2020 and features three 1-bedroom residential apartments and three ground-floor retail storefronts, two of which are currently combined into one commercial unit. A full, usable basement provides substantial additional storage, while a rear fire escape adds further functionality. Offered at an attractive 6.2% cap rate, reflecting the significant capital investment already undertaken, this is an opportunity to acquire a substantially improved asset with diversified residential and commercial income. Situated on King Street East, directly along the planned Hamilton LRT route, the property is exceptionally well positioned to benefit from future transit investment, neighbourhood revitalization, and long-term growth. An appealing opportunity for investors seeking quality construction, current income, and meaningful future upside.

Details

MLS #X14104950
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site14
Listing Provided ByCorcoran Horizon Realty | X14104950 539302

Features

SQ Feet5,544
Acreage0.13

Interior

Cooling Yes / NoNo
CoolingPartial

Exterior

Community FeaturesPublic Transit
Security FeaturesNo

Utilities

UtilitiesYes
SewerSanitary+Storm

Taxes

Tax Annual Amount11553
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8L 5N3
AreaLandsdale
Listing VS Median (in L8L 5N3)
Price:
$1,489,000
low | high
Med:
$1,489,000
50% of Average
sqft:
5,544
low | high
Med:
5,544
50% of Average
$ / sqft:
$269
low | high
Med:
$269
50% of Average
On site:
14
low | high
Med:
14
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

VIDYA SOOKDEO

VIDYA SOOKDEO

Coldwell Banker The Real Estate Centre

 (647) 573-19541vsookdeo@gmail.com
ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8L 5N3
AreaLandsdale
Listing VS Median (in L8L 5N3)
Price:
$1,489,000
low | high
Med:
$1,489,000
50% of Average
sqft:
5,544
low | high
Med:
5,544
50% of Average
$ / sqft:
$269
low | high
Med:
$269
50% of Average
On site:
14
low | high
Med:
14
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.116M - $1.861M
sqft: 4,000 - 6,500
Nearby Listings Property ImageNearby Listings Details
571-575 King Street E Property Photo 1
$1,489,000
571-575 King Street E
Hamilton, ON L8L 5N3
Listing Updated: October 27, 2026 at 2:47:42 PM PDT