807-809 King Street E Hamilton (Gibson), Ontario L8M 1A8
$1,049,900
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 THE THIRD UNIT IS A LOFT. ALL UNITS ARE FULLY EQUIPPED, RETAIL AND RESIDENTIAL UNITS ARE RENTED TO AAA CLIENTS. THE RETAIL UNIT IS A 1750 SQ FT AND A FULL BASEMENT. IT IS A VERY WELL-MAINTAINED BUILDING. PARKING IS AT THE REAR OF THE BUILDING. YEARLY INCOME $58681.2, TENANT PAYS HYDRO, AND GAS. SELLER PAYS TAXES AND INSURANCE ONLY. POSSIBILITY TO STAY IN ONE UNIT AND RUN YOUR OWN BUSINESS. RETAIL STORE HAS ITS OWN KITCHENAID&2, 2 PIECES WASHROOM, ONE WASHROOM HAS WHEELCHAIR ACCESS, DON'T MISS THIS OPPORTUNITY, WON'T LAST LONG. THE PROPERTY IS FEW STEPS FROM PROPOSED LRT STOP. **** EXTRAS **** LOCATED IN DOWNTOWN 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 4 SAVVY INVESTOR (id:58043)
Property Details
| MLS® Number | X9383342 |
| Property Type | Retail |
| Community Name | Gibson |
| ParkingSpaceTotal | 3 |
Building
| BathroomTotal | 4 |
| Appliances | Dryer, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeExterior | 3826 Sqft |
| SizeInterior | 3826 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft ,6 In |
| SizeFrontage | 29 Ft ,1 In |
| SizeIrregular | Bldg=29.13 X 100.56 Ft ; 100.56x29.13x26.05x.5ftx69.85ftx29.48ft |
| SizeTotalText | Bldg=29.13 X 100.56 Ft ; 100.56x29.13x26.05x.5ftx69.85ftx29.48ft |
| ZoningDescription | T0c3 |
https://www.realtor.ca/real-estate/27506937/807-809-king-street-e-hamilton-gibson-gibson
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Faisal Aftab Syed
Salesperson
1339 Matheson Blvd E.
Mississauga, Ontario L4W 1R1
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October 05 2024 12:37:54
Toronto Real Estate Board
Homelife/miracle Realty Ltd