Deepak Sharma
Broker
Remax Royal Properties Realty Brokerage, Brokerage
Independently owned and operated.
7595 Markham Rd #19 , Markham, Ontario L3S0B6
Cell: 647-229-0670Office: 905-554-0101
$879,000
Available - For Sale
Listing ID: X12789996
1548 King Street East , Hamilton, L8K 1S9, Hamilton
| Exceptional investment opportunity with this fully leased live/work property in a prime high-traffic area of east-end Hamilton. This freestanding high-visibility corner building features approximately 1,400 sq. ft. of commercial space on the main floor with 11ft high ceilings and an additional 1,400 sq. ft. second-floor residential apartment and a basement. Zoned C2, the property supports a wide range of commercial uses including office/retail/business uses. The main-floor retail tenant pays $2,700/month with 2 years remaining on a 5-year lease, while the upper-level 3-bedroom, 1-bath apartment has been leased for 3 years at $2,075/month. The basement is currently being used by the Owner and not part of the leased units. Total monthly income of $4,775 generates $57,300 annually, with Upper Level tenant willing to stay. Attached garage with storeage/loading dock access loading zone.Excellent exposure, public transit at the doorstep, ample street parking, and quick access to the Red Hill Valley Parkway and QEW make this a strong, turnkey income-producing asset. |
| Price | $879,000 |
| Taxes: | $11075.40 |
| Occupancy: | Tenant |
| Address: | 1548 King Street East , Hamilton, L8K 1S9, Hamilton |
| Directions/Cross Streets: | King St E / Ottawa St E |
| Rooms: | 0 |
| Bedrooms: | 3 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Office | 10.1 | 25.88 | |
| Room 2 | Main | Other | 11.71 | 25.88 | |
| Room 3 | Main | Workshop | 9.91 | 15.91 | |
| Room 4 | Second | Living Ro | 14.3 | 21.09 | |
| Room 5 | Second | Dining Ro | 9.18 | 13.19 | |
| Room 6 | Second | Kitchen | 13.12 | 13.28 | |
| Room 7 | Second | Primary B | 14.4 | 9.12 | |
| Room 8 | Second | Bedroom 2 | 11.18 | 9.28 | |
| Room 9 | Second | Bedroom 3 | 11.09 | 9.28 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Store W Apt/Office |
| Style: | 2-Storey |
| Exterior: | Brick, Stucco (Plaster) |
| Garage Type: | Built-In |
| Drive Parking Spaces: | 0 |
| Pool: | None |
| Approximatly Square Footage: | 2500-3000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
$
%
Years
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. |
| RE/MAX REAL ESTATE CENTRE INC. |
|
|
Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Store W Apt/Office |
| Area: | Hamilton |
| Municipality: | Hamilton |
| Neighbourhood: | Delta |
| Style: | 2-Storey |
| Tax: | $11,075.4 |
| Beds: | 3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
Locatin Map:
Payment Calculator:
