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865/871/873 King Street E, Hamilton, ON, L8M 1B5

MLS® # XH4192149
Commercial For Sale In Gibson, Hamilton, Ontario
$1,150,000
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
865/871/873 King Street E, Hamilton, ON
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ACTIVE
865/871/873 King Street E, Hamilton, ON, L8M 1B5
$1,150,000

Property Information:

5-unit Mixed-Used Building at 7% CAP RATE!! 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. Three residential units all have been recently updated. 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 inquiry. ***EXTRAS***VTB available to qualified buyers

Inclusions: All Appliances, Window Coverings, Light Fixtures, (Excluding Resident Belongings).

Exclusions : Tenant Belongings

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Heating: Radiant
  • Lot Depth: 159.14 Feet
  • Lot Features: Urban
  • Lot Frontage: 31.94 Feet
  • Parking Features: Attached Garage, Tandem
  • Security Features: Carbon Monoxide Detector(s)
  • Utilities: Yes
  • Water Source: Municipal
  • Zoning: TOC1
  • Sewer: Sanitary & Storm
  • No. of Parking Spaces: 6

Courtesy of: EXP Realty

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

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 865/871/873 King Street E, Hamilton, ON, L8M 1B5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 865/871/873 King Street E, experiences 7 hot days per year at around 32.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.6 degrees Celsius.

Projected Avg. Temperature

Past
32.1℃
2050
35.6℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 865/871/873 King Street E, experiences 11 significant 2-day storms per year, with about 306.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 381.7mm of precipitation per year.

Precipitation Per Storm

Past
306.7mm
2050
381.7mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 865/871/873 King Street E, Hamilton, ON, L8M 1B5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,080.59

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.39 %

High school certificate or equivalent

30.14 %

Apprenticeship trade certificate/diploma

5.5 %

College/non-university certificate

19.82 %

University certificate (below bachelor)

1.32 %

University Degree

18.82 %

Commuter

Travel To Work

By Car

70.19 %

By Public Transit

15.95 %

By Walking

8.2 %

By Bicycle

1.5 %

By Other Methods

4.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.31 %

Houses

47.69 %

Own Vs. Rent

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