Salehian.com 647-325-5000

232 King Street W

Central, Hamilton, L8P 1A9

$749,000

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Listed 18 days ago · MLS® X13854734

About this home

The Ultimate Hamilton Hustle: Historical Charm Meets High-Yield Cash Flow. Looking for a turn-key asset that practically pays for itself from day one? Welcome to King Street West. This legally zoned, separately metered mixed-use duplex is serving pure historical character wrapped in completely modernized infrastructure. Pulling in $5,360.00 in combined monthly rent ($3,260.00 Commercial / $2,100.00 Residential), this is the definition of a smart, self-sustaining investment. Whether you want to sit back and collect the checks, live in the gorgeous upper loft while your main floor tenant covers the mortgage, or launch your own brick-and-mortar dream-the vibe here is unmatched. Ideally positioned next to Hess Village, upcoming McMaster student housing, and steps from Jackson Square and FirstOntario Centre with a fast two-minute drive to the 403. Completely renovated top-to-bottom, the building features a new roof, HVAC, skylight, eavestroughs, and an owned hot water tank. The main floor commercial space showcases soaring 12-foot tin ceilings, repointed exposed brick, new windows, electronic storefront locks, iron gating, and a rear bonus room with independent King Street access. Upstairs, a massive two-storey, one-bedroom residential loft easily convertible to two bedrooms boasts 10-foot ceilings, a spacious living area, a quartz kitchen, a private fenced patio, and secure parking via the rear alley. History, style, and serious revenue in one unbeatable package. Separately metered legal duplex. Note that the buyer is to verify HST allocation, and the commercial portion is in addition to the purchase price.

Details

Type
Store W Apt/Office
Lot
13 × 128 ft
Garage
None
Property tax
$7,225 (2025)
Neighbourhood
Central
Municipality
Hamilton

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
1,700 Square Feet

More

Possession
TBD
Cross street
Caroline St N / King St W

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚆 Confederation GO3.2 km

Within a 10-minute walk: 2 grocery stores, 5 cafés and restaurants, 4 parks, 2 pharmacies. Nearest grocery: Nardini Specialties (650 m). Nearest park: Memorial Park (650 m).

Schools nearby

Elementary

  • St. Martin of Tours Catholic Elementary School Catholic
    EQAO: Gr 6 reading 96%, math 52%    8 min walk
  • St. Francis Xavier Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 42%    11 min walk
  • Memorial Public School15 min walk
  • Eastdale Elementary School
    EQAO: Gr 6 reading 82%, math 26%    1.4 km

Secondary

  • St. John Henry Newman Catholic Secondary School Catholic
    EQAO: Gr 9 math 67%, literacy test 90%    12 min walk
  • Collegiate Avenue School14 min walk
  • St. Charles Adult & Continuing Education Centre - Stoney Creek Campus Catholic2.3 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L8P

Owners / renters
31% / 69%
Median household income
$58,000
Average age
42
Children under 15
11%
Homes
19% detached, 53% high-rise
Commute by transit
16%
Population
24,773

Languages spoken most at home besides English: Mandarin 1.9%, Arabic 1.5%, Spanish 1%, Gujarati 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Hamilton police: 62 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Hamilton: 11 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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