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Home ON Greater Hamilton Hamilton Old Hamilton Strathcona
470 KING STREET W
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470 KING STREET W $2,199,000
$2,199,000
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470 KING STREET W
Hamilton (Strathcona), Ontario L8P1B7

MLS® Number: X12002893
4
Bedrooms
7
Bathrooms
-
Square Feet

Listing Description

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 (39988816)

Location Description

King st and Locke

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Storeys
2
Community Name
Strathcona
Land Size
66 x 93.67 FT
Annual Property Taxes
$24,000
Parking Type
No Garage
Time on REALTOR.ca
49 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
7
Partial
1
Interior Features
Basement Type
N/A (Partially finished)
Building Features
Foundation Type
Block, Poured Concrete, Unknown
Fire Protection
Smoke Detectors
Building Amenities
Separate Electricity Meters
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
5

Land

Lot Features
Frontage
66 ft
Land Depth
93 ft ,8 in
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
ROMAN RANA