For Sale

835 King Street, Hamilton (Gibson), Ontario L8M1B1

$2,499,000

835 King Street, Hamilton (Gibson), Ontario L8M1B1 is For Sale and has a listing price of 2,499,000. The property is located in the neighbourhood. It's been on the website for 4 Days.

  • Retail
    Property Type
  • Residential Commercial Mix
    Building Type
  • 5
    Parking Spaces
  • MLS ID: X12007593
  • Office Name IPRO REALTY LTD.
Property Description

Exceptional Investment Opportunity! This property consists of 6 recently renovated residential units and 4 commercial units. The residential units were completely gutted and rebuilt in 2019 with no expense spared, featuring new windows, doors, flooring, countertops, appliances, bathrooms, kitchens and independent HVAC systems for each unit. The property consists of a three-story building with an approximate total area of 11,696 square feet. The commercial portion of the building comprises approximately 4,406 square feet of leasable space, spread across four street-front commercial units, each including basement space. The residential portion of the building accounts for around 7,290 square feet of gross area. With the upcoming construction of the new LRT route running directly along King St. E. and on-site parking, this location is set for even greater potential. All tenants cover their own hydro and gas expenses. A highly profitable investment, with dropping interest rates this is your chance to acquire 10 doors in one GO and start cash flowing. Current NOI of approximately $130k. For financial details and other info please contact LA. (id:43137)

Property Details
  • MLS ID: X12007593
  • Price: $2,499,000
  • Transaction Types: For Sale
  • Ref ID: 27997052
  • Year Built: N/A
  • Building Type: Residential Commercial Mix
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
03/07/2025 X12007593 $2,499,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton (Gibson)
  • $743,751 Average List Price
    based on 1 year
  • 15 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -2.1%
  • 3 Month Change +6.8%
  • 6 Month Change +0.4%
Walkscore
  • 92 Walk Score
    Walker's Paradise
  • 60 Transit Score
    Good Transit
  • 77 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    88.04%
  • Commercial
    11.41%
  • Condo
    0.54%
Additional Details
  • Heat Source Natural Gas
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Cooling System Partially Air Conditioned
  • Total Parking Spaces: 5
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 07/03/2025 00:00:00
  • Zoning R3yy[1909
  • Agent Name: ROMAN RANA
  • Last Updated: 07/03/2025 21:10:17
Open House Dates
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