865 871 873 King Street E, Hamilton

865 871 873 King Street E, Hamilton, ON L8M1B5 Photo 1

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865 871 873 King Street E, Hamilton, ON L8M1B5 Photo 2
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865 871 873 King Street E, Hamilton, ON L8M1B5 Photo 4
865 871 873 King Street E, Hamilton, ON L8M1B5 Photo 5
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865 871 873 King Street E, Hamilton, ON L8M1B5 Photo 7
  • Living area: 4990 square feet
  • MLS®: h4192154
  • Type: Multifamily
  • Added: 14 hours ago
  • Type: Multifamily
  • Listed by: Point2

Property Details

Located in downtown Hamilton, this versatile multi-use building is a fantastic opportunity for both business and residential purposes. With its prime location, it's a gem for investors and entrepreneurs. The two front commercial units facing the main street provide excellent visibility and foot traffic potential. The commercial units also extend into professional office spaces to the back, offering ample room for businesses to thrive. In the rear of the building, there are three spacious residential units designed for comfortable living, attracting potential tenants. This mix of commercial and residential spaces provides multiple income streams for savvy investors, promising solid returns from this attractive and well-maintained property. Full appraisal report is available upon serious inquiry. \r\n\r\n***EXTRAS***VTB available to qualified buyers

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Features

  • Other: Inclusions: All appliances, window coverings, light fixtures, (excluding resident belongings)., Exclusions: Tenant belongings, Foundation: Concrete Block, Laundry Access: In-Suite, Leases
  • Heating: Gas, Radiant
  • Lot Features: Urban
  • Sewer/Water Systems: Sewers: Sewer

Nearby Places

Name Type Address Distance
Sherwood Secondary School Opened in 1967, Sherwood Secondary School has a 20... 1.1 km
Adelaide Hoodless Public School Built in 1911, the school currently has 544 studen... 1.7 km
Parkview Secondary School Parkview Secondary School had a 2009-2010 enrollme... 1.7 km
Parkview Secondary School School 60 Balsam Ave N 1.7 km
Kenilworth Avenue (Hamilton, Ontario) It starts off at the Kenilworth Traffic Circle and... 1.8 km
Brian Timmis Stadium The stadium was built in 1968, and seated 5,000 pe... 1.8 km
The Centre on Barton It was formerly known as the Centre Mall... 1.8 km
Tim Hortons Field Stadium 75 Balsam Ave N 1.9 km
Ivor Wynne Stadium The stadium was the home of the Hamilton Tiger-Cat... 1.9 km
Tim Hortons Field The stadium is a Canadian football stadium that re... 1.9 km
Hamilton East—Stoney Creek The riding was formed in 2003 from parts of the fo... 1.9 km
Hamilton East—Stoney Creek (provincial electoral district) The riding was formed in 2003 from parts of the fo... 2.0 km
Similar Multifamilys Stat in Hamilton
We have found 6 Multifamily that closely match the specifications of the property located at 865 871 873 King Street E with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,200,000 and 1,299,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Multifamily in the L8M1B5 postal code area of Hamilton Ontario Canada.
865 871 873 King Street E mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 865 871 873 King Street E. The current price of the property is $1,340,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,072,000. This would result in a monthly mortgage payment of $6,266 over a 25-year amortization period.
Comparison of 865 871 873 King Street E, Hamilton, ON with Nearby Multifamilys
Nearby Cities Listings Avg. price
Dundas 63 $1.546.987
Caledonia 60 $1.396.034
Burlington 890 $1.560.727
Stoney Creek 192 $1.236.243
Waterdown 71 $1.248.970
Ancaster 170 $1.828.587
Grimsby 250 $1.102.239
Cambridge 472 $1.048.163
Popular Cities Listings Avg. price
Oakville 928 $1.992.557
Milton 454 $1.680.095
Mississauga 1471 $1.333.780
Guelph 427 $930.258
St Catharines 603 $882.714
Welland 337 $976.106
Kitchener 784 $953.982
Brantford 574 $924.158
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