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1256 King Street E, Hamilton, ON, L8M 1G8

MLS® # 40694389
Commercial For Sale In Crown Point West, Hamilton, Ontario
$1,250,000
1256 King Street E, Hamilton, ON
1256 King Street E, Hamilton, ON
1256 King Street E, Hamilton, ON
1256 King Street E, Hamilton, ON
1256 King Street E, Hamilton, ON
1256 King Street E, Hamilton, ON
ACTIVE
1256 King Street E, Hamilton, ON, L8M 1G8
$1,250,000

Property Information:

Attention Investors! Looking for an excellent location that provides a healthy return on investment? You've foundit! This recently updated and super well maintained mixed use building with 2 residential and 1 commercial unit istruly a remarkable find. The building is located on the proposed LRT route with multiple future transit stops withinclose proximity, literally! Being on the corner lot of King St E, the property is exposed to high traffic and agreat amount of pedestrians passing by. About the building: Unit 1(Convenience store: Currently Leased for $2500+HSTmonthly with rent increasing to $2700+HST in July 2025, Approx. 1600 sq ft, desirable lease that is favourable tothe Landlord is in place), Unit 2(Residential unit: Rented for $2600 + Utilities, 3 beds, 2 bathrooms, Approx. 1000sq ft, unit has been fully renovated w/lots of upgrades), Unit 3(Residential unit: Vacant, but currently listed for$2400 + utilities, 3 beds, 1 bath, Approx. 890 SqFt unit has been fully renovated w/lots of upgrades), POTENTIAL fora 4TH UNIT in basement! All units have their own separate entrance. In addition, there is separate Hydro/Gas metersin place for the units. The Electrical room has been nicely organized and updated with 800 AMP services for thebuilding! Parking for more than 5+cars. Landlord only pays for Property Tax, Property Insurance & Water HeaterRental. Super low cost to operate the building as the Retail Tenant maintains the property (Snow, Garbage removal, &more).

Inclusions: Unit 1: Dishwasher, Stove, Fridge, Washer & Dryer, Range Hood. Unit 2: Stove, Fridge, Range Hood.

Exclusions : Tenant Belongings In Both Residential Units, Tenant Belongings In Convenience Store

Building Features:

  • Floor Space: 3593 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full
  • Construction Materials: Brick
  • Floor Space (approx): 3593 Square Feet
  • Lot Depth: 117.66 Feet
  • Lot Features: Irregular Lot, Ample Parking, High Traffic Area, Highway Access, Hospital, Public Transit, Schools, Visual Exposure, Other
  • Lot Frontage: 62.41 Feet
  • Parking Features: Asphalt, Guest
  • Road Frontage Type: Municipal Road
  • Water Source: Municipal
  • Zoning: TOC1
  • Sewer: Sewer (Municipal)

Courtesy of: Keller Williams Complete Realty

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Location of 1256 King Street E, Hamilton, ON, L8M 1G8

Demographic Information of 1256 King Street E, Hamilton, ON, L8M 1G8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$98,038.55

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.41 %

High school certificate or equivalent

34.26 %

Apprenticeship trade certificate/diploma

6.33 %

College/non-university certificate

23.43 %

University certificate (below bachelor)

0.2 %

University Degree

15.36 %

Commuter

Travel To Work

By Car

78.28 %

By Public Transit

12.98 %

By Walking

5.54 %

By Bicycle

0.92 %

By Other Methods

2.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

17.62 %

Houses

82.38 %

Own Vs. Rent