1256 King Street E Hamilton, ON L8M 1G8
3,593 SqFt
UPDATED:
02/03/2025 05:41 PM
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,593 sqft
Price per Sqft $347
MLS Listing ID 40694389
Abv Grd Liv Area 3,593
Originating Board Hamilton - Burlington
Annual Tax Amount $10,603
Property Sub-Type Mixed,Building and Land
Property Description
it! This recently updated and super well maintained mixed use building with 2 residential and 1 commercial unit is
truly a remarkable find. The building is located on the proposed LRT route with multiple future transit stops within
close proximity, literally! Being on the corner lot of King St E, the property is exposed to high traffic and a
great amount of pedestrians passing by. About the building: Unit 1(Convenience store: Currently Leased for $2500+HST
monthly with rent increasing to $2700+HST in July 2025, Approx. 1600 sq ft, desirable lease that is favourable to
the Landlord is in place), Unit 2(Residential unit: Rented for $2600 + Utilities, 3 beds, 2 bathrooms, Approx. 1000
sq ft, unit has been fully renovated w/lots of upgrades), Unit 3(Residential unit: Vacant, but currently listed for
$2400 + utilities, 3 beds, 1 bath, Approx. 890 SqFt unit has been fully renovated w/lots of upgrades), POTENTIAL for
a 4TH UNIT in basement! All units have their own separate entrance. In addition, there is separate Hydro/Gas meters
in place for the units. The Electrical room has been nicely organized and updated with 800 AMP services for the
building! Parking for more than 5+cars. Landlord only pays for Property Tax, Property Insurance & Water Heater
Rental. Super low cost to operate the building as the Retail Tenant maintains the property (Snow, Garbage removal, &
more).
Location
Province ON
County Hamilton
Area 20 - Hamilton Centre
Zoning TOC1
Direction KING ST E & GLENDALE AVE S
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Parking Features Asphalt, Guest
Lot Frontage 62.41
Lot Depth 117.66
Garage No
Building
Lot Description Irregular Lot, Ample Parking, High Traffic Area, Highway Access, Hospital, Public Transit, Schools, Visual Exposure, Other
Faces KING ST E & GLENDALE AVE S
Story 2
Foundation Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 172270105
Ownership Freehold/None