Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$5,300,000
Available - For Sale
Listing ID: X8212402
463-477 King St East , Hamilton, L8N 1C7, Ontario
| A 24-unit mixed-use (retail/apartment) building located in Hamilton, Ontario. The Property comprises 15, 2-bedroom and 1, 3-bedroom apartment suites and 8 ground floor retail units spanning 950 to 1,100 SF in size. In addition to leasing 85.5% of the residential units at market rates, the Vendor has undergone extensive renovations to the property since 2019, including updates to the picturesque facade, replacing residential windows, commercial doors, and glass windows. Total retail area of 9,270 SF. The Property generates $410,951 in annual net operating income. |
| Price | $5,300,000 |
| Taxes: | $30339.00 |
| Tax Type: | Annual |
| Occupancy by: | Vacant |
| Address: | 463-477 King St East , Hamilton, L8N 1C7, Ontario |
| Postal Code: | L8N 1C7 |
| Province/State: | Ontario |
| Legal Description: | LTS 2, 3 & 4, PL 99 ; S/T INTEREST(S) IN |
| Lot Size: | 142.83 x 125.00 (Feet) |
| Directions/Cross Streets: | Emerald And King St E |
| Category: | Retail |
| Building Percentage: | N |
| Total Area: | 20180.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 67 |
| Office/Appartment Area Code: | % |
| Retail Area: | 33 |
| Retail Area Code: | % |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Part |
| Elevator Lift: | None |
| Sewers: | San+Storm |
| Water: | Municipal |
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| COLLIERS MACAULAY NICOLLS INC. |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Landsdale |
| Lot Size: | 142.83 x 125.00(Feet) |
| Tax: | $30,339 |
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