835 KING STREET E

$1,999,000

Gibson, Hamilton, Ontario

  • 11,696 square feet
Commercial · RetailType
1Parking
Forced air, Natural gasHeating
Fully air conditionedCooling
154Days on market
$171 / sqftPrice / sqft

About this property

Turnkey Mixed-Use Investment – 10 Doors. Exceptional opportunity to acquire a fully renovated mixed-use asset consisting of 6 residential units and 4 street-front commercial units. The residential component was completely gutted and rebuilt in 2019, with extensive upgrades including new windows, doors, kitchens, bathrooms, flooring, appliances, and independent HVAC systems for each unit, significantly reducing future capital requirements. The property spans approximately 11,696 square feet across a three-storey structure. The commercial component offers roughly 4,406 square feet of leasable space across four storefront units, each with basement access, while the residential portion totals approximately 7,290 square feet of gross floor area. This asset provides diversified income across ten units, combining stable residential demand with highly visible street-level retail exposure along King Street East. Additional features include on-site parking and individually metered utilities, with tenants responsible for their own hydro and gas, helping maintain strong operating margins. Positioned along the future Hamilton LRT corridor, the property benefits from a major infrastructure investment that is expected to enhance long-term desirability, tenant demand, and property values along the corridor. A rare opportunity to acquire a renovated, income-producing 10-unit mixed-use building in a rapidly evolving urban corridor with both current cash flow and long-term appreciation potential. (id:66327)

Property details

Interior

Living area
11,696 square feet

Exterior & parking

Architectural style
[]
Lot size
80 x 70 FT
Parking spaces
1

Building & HOA

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

Financial & legal

List price
$1,999,000
Price / sqft
$171 / sqft
Annual taxes
$19,403 (2025)
Status
Active
MLS® number
X12931278

Location

City
Hamilton
Neighbourhood
Gibson
Province
Ontario
Postal code
L8M1B1
Directions
King and Sherman Ave S

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).