Matthew Tenk
Broker of Record
807-809 King Street E Hamilton (Gibson), Ontario L8M 1A8
$989,000
GRAB HOLD OF A STELLAR OPPORTUNITY TO OWN A VALUE-PACKED TURNKEY INCOME-GENERATING PROPERTY! 807-809 KING STREET IS A MIXED-USE BUILDING WITH 1 COMMERCIAL UNIT + 3 RESIDENTIAL UNITS! 2 RESIDENTIAL UNITS ARE ONE BEDROOM AND THIRD UNIT IS A LOFT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA TENANTS, THE RETAIL UNIT IS A 1750 SQFT AND A FULL BASEMENT. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING IS AT THE REAR OF THE BUILDING, YEARLY INCOME IS $58681.2, AND TENANT PAYS ALL THEIR UTILITIES, EXCEPT GAS. THE SELLER PAYS PROPERTY TAXES, INSURANCE AND GAS. POSSIBILITY TO STAY IN ONE UNIT AND OTHER UNITS CAN BE RENTED. THE RETAIL STORE HAS A KITCHENETTE AND 2 WASHROOMS, INCLUDING DISABLED WASHROOM DONT MISS THIS OPPORTUNITY WON'T LAST LONG. **** EXTRAS **** THIS VERSATILE MULTI-USE BUILDING IS A FANTASTIC OPPORTUNITY FOR BUSINESS AND RESIDENTIAL PURPOSES.IT IS A GEM FOR INVESTORS AND ENTREPRENEURS.THE MIX OF COMM AND RES SPACES PROVIDES MULTI INCOME STREAMS FOR SAVVY INVESTORS. (id:39551)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | X11917141 |
| Property Type | Retail |
| Community Name | Gibson |
| Parking Space Total | 3 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 3 |
| Cooling Type | Fully Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 3826 Sqft |
| Size Interior | 3826 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft ,6 In |
| Size Frontage | 29 Ft ,1 In |
| Size Irregular | Bldg=29.13 X 100.56 Ft ; 100.56x29.13x26.05x.5ftx69.85ftx29.48ft |
| Size Total Text | Bldg=29.13 X 100.56 Ft ; 100.56x29.13x26.05x.5ftx69.85ftx29.48ft |
| Zoning Description | T0c3 |
https://www.realtor.ca/real-estate/27788347/807-809-king-street-e-hamilton-gibson-gibson
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Toronto Real Estate Board
Homelife/miracle Realty Ltd
January 10 2025 04:40:46
