216-218 King Street E

About this home

Excellent mixed-use investment opportunity in the heart of downtown Hamilton. This income-producing property features 2 fully leased ground-floor retail units, plus 2 vacant 1-bed, 1-bath loft-style residential units, each with a private balcony overlooking vibrant King St. E, ready to be leased at today's market rents. An additional third residential unit offers excellent value-add potential and awaits restoration, providing an opportunity to further increase income through renovation. All 4 existing units are separately metered, allowing for efficient utility management. The property also offers rear parking and is ideally located close to public transit, shopping, restaurants, and the ongoing growth and revitalization of Hamilton's downtown core. A rare opportunity to acquire a well-located mixed-use asset with immediate commercial income, vacant residential units ready for lease-up, and future upside through renovation and increased rental potential.

Details

Type

Store W Apt/Office

Lot

36.58 × 107 ft

Garage

Outside/Surface

Property tax

$22,840 (2025)

Neighbourhood

Beasley

Municipality

Hamilton

Heating, cooling and services

Heating

Electric Forced Air

Air conditioning

Yes

Utilities

Yes

Building and exterior

Building area

3,000 Square Feet

More

Possession

Flexible

Cross street

Walnut Street S