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1038 - 1048 King Street W

King St WWestdale SouthHamiltonON, L8S 1L5

9
Beds
-
Baths
12,900
Sq. Ft.
$4,950,000
List Price
1038 - 1048 King Street W, Hamilton, ON - 1 of 3
1038 - 1048 King Street W, Hamilton, ON - 2 of 3
1038 - 1048 King Street W, Hamilton, ON - 3 of 3
45 days on market

Quick Summary

  • Impressive and Stunning 12 unit mixed-use building
  • Situated in sought-after Westdale community of Hamilton
  • 4 retail/office units on main floor with center hallway
  • 4 luxurious and fully furnished apartments on second floor
  • Fully finished basement with 4 more retail/office units
  • All units fully rented with $397K annual gross income
  • Supports a 6.5% capitalization rate
  • Absolute must-see investment opportunity

LOCATION, LOCATION, LOCATION. This Impressive and Stunning 12 Unit, Mixed Use Investment Building is situated in the Heart of Hamilton's sought after Westdale Community. FEATURES; 4 Retail/Office units on the main floor separated by a center hallway, 4 Luxurious and fully furnished apartments on second floor, plus a fully finished... Show More

LOCATION, LOCATION, LOCATION. This Impressive and Stunning 12 Unit, Mixed Use Investment Building is situated in the Heart of Hamilton's sought after Westdale Community. FEATURES; 4 Retail/Office units on the main floor separated by a center hallway, 4 Luxurious and fully furnished apartments on second floor, plus a fully finished basement with 4 more retail/ office units. All the units are fully rented providing a Gross Income of 397K annually supporting a Capitalization rate of 6.5%. This is an Absolute Must See. R.S.A (id:54626)

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Property Details

Size

12,900 sq. ft.
20 total rooms across 2 floors
9 Beds
0 Baths

Parking

4 Parking Spaces
No Garage

Build

Year Built
1939
Model Name
-
Exterior
-
Builder Name
-
Floors
-
Flooring
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Rooms

Living room

26′2″ x 21′6″

Kitchen

15′6″ x 17′2″

Bedroom

16′11″ x 10′3″

Bedroom

20′5″ x 11′3″

Bedroom

11′9″ x 17′3″

Living room

11′6″ x 15′8″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
H4191208
Last Updated
May 10, 2024
Brokerage
RE/MAX Escarpment Realty Inc.
Powered by: REALTOR.ca
Call us 800-591-0566

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