320 King Street E Hamilton, Ontario L8N 1C2

1,945 ft2

$1,199,999

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 98 and 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:62104)

Property Details

MLS® Number 40807775
Property Type Other
Amenities Near By Public Transit
Community Features High Traffic Area
Equipment Type Water Heater
Features Visual Exposure
Rental Equipment Type Water Heater
Sign Type Signband

Building

Basement Type Full
Exterior Finish Brick
Foundation Type Stone
Stories Total 2
Size Exterior 1945.0000
Size Interior 1,945 Ft2
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 125 Ft
Size Frontage 20 Ft
Size Irregular 0.088
Size Total 0.088 Ac|under 1/2 Acre
Size Total Text 0.088 Ac|under 1/2 Acre
Zoning Description D2

https://www.realtor.ca/real-estate/29439912/320-king-street-e-hamilton

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