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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

$1,240,000
Available - For Sale
Listing ID: X8276576
873 King St East , Hamilton, L8M 1B5, Ontario


Located in downtown Hamilton, this versatile multi-use building is a fantastic opportunity for both business and residential purposes. With its prime location, it's a gem for investors and entrepreneurs. The two front commercial units facing the main street provide excellent visibility and foot traffic potential. The commercial units also extend into professional office spaces to the back, offering ample room for businesses to thrive. In the rear of the building, there are three spacious residential units designed for comfortable living, attracting potential tenants. This mix of commercial and residential spaces provides multiple income streams for savvy investors, promising solid returns from this attractive and well-maintained property. Full appraisal report is available upon serious inquiry. ***EXTRAS***VTB available to qualified buyers
Price $1,240,000
Taxes: $4044.39
Tax Type: Annual
Assessment: $360000
Assessment Year: 2023
Occupancy by: Tenant
Address: 873 King St East , Hamilton, L8M 1B5, Ontario
Postal Code: L8M 1B5
Province/State: Ontario
Legal Description: LT 8, REGISTRAR'S COMPILED PLAN 1491 , T
Lot Size: 31.94 x 159.14 (Feet)
Directions/Cross Streets: Sherman Ave S
Category: Multi-Use
Building Percentage: Y
Total Area: 4990.00
Total Area Code:  Sq Ft
Retail Area: 1927
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: Y
Chattels: Y
Franchise: N
Sprinklers: N
Heat Type: Radiant
Central Air Conditioning: N
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Milad Akrami
Sales Representative
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At a Glance:
Type: Com - Commercial/Retail
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Gibson
Style:
Lot Size: 31.94 x 159.14(Feet)
Approximate Age:
Tax: $4,044.39
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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