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470 King St W

King St WStrathconaHamiltonON, L8P 1B7

4
Beds
7
Baths
$2,199,000
List Price
470 King St W, Hamilton, ON - 1 of 3
470 King St W, Hamilton, ON - 2 of 3
470 King St W, Hamilton, ON - 3 of 3
New
6 days on market

This exceptional mixed-use property is located on the future LRT, offers both commercial and residential opportunities in a prime downtown location. Situated at the corner of King and Locke, the building includes a ground-floor commercial space currently home to Hamilton's renowned steakhouse, Victorias, as well as four spacious... Show More

This exceptional mixed-use property is located on the future LRT, offers both commercial and residential opportunities in a prime downtown location. Situated at the corner of King and Locke, the building includes a ground-floor commercial space currently home to Hamilton's renowned steakhouse, Victorias, as well as four spacious residential units above with separate meters. The main-level commercial space features a spacious dining area, private dining room, bar area, a fully equipped kitchen, and four bathrooms. Its central location ensures high visibility and significant foot traffic. The residential units provide bright and airy living spaces, with kitchens boasting upgraded cabinetry and countertops in most, and renovated bathrooms (2018). The property's strategic location offers easy access to Hamilton's vibrant downtown, public transit, and major highways. Residents will enjoy proximity to local parks, schools, shopping, and dining, while business owners will benefit from the thriving community and ongoing urban development. Additional amenities include parking for both commercial and residential tenants, a well-maintained exterior, and secure entry. Whether you are looking to expand your real estate portfolio or invest in a property with diverse income potential, 470 King St W presents a rare and valuable opportunity. Current NOI of $105k Projected NOI of $115k

Property Details

Size

Sq. Ft. Not Available
4 Beds
4 Above Grade
7 Baths

Parking

5 Parking Spaces
-

Lot

Size
66′0″ * 93′8″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Partially Finished, Unfinished
Exterior
Brick
Foundation
Concrete Block, Unknown, Poured Concrete
Builder Name
-
Stories
-
Flooring
-
Roof
Asphalt Rolled, Shingles, Asphalt Shingle

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$24,000

Source

Listing Brokerage

MLS® Listing
X12002893
Last Updated
March 5, 2025
Brokerage
IPRO REALTY LTD.
Call us 800-591-0566

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