470 King St W

Hamilton | Strathcona | L8P 1B7
  • 4
  • 7
  • 0

$2,199,000

Est. Mtg $7,456 /mo
  • Days on market

    31

  • Status

    New

Listing Broker IPRO REALTY LTD.
Since listed: 2 views

Home details

MLS #:

X12002893

Property type:
Store W/Apt/Office
Style:
2-Storey
Taxes:
$24,000
Possession:
TBA
Lot Front:
66.0   Feet
Lot Depth:
93.67   Feet
Basement:
Part Fin | Unfinished
Driveway Pkg:
5
Heat:
Gas | Forced Air

Description


470 King St W, , Hamilton, Ontario is a Store W/Apt/Office property in Hamilton and in the Strathcona community in the L8P 1B7 postal code


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.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-03 2025-03 $2,199,000 $2,199,000 New X12002893
2021-09 $3,000 $3,000 E5277504
2019-01 $14 $14 X4262487
2024-10 $23 $23 E9359295

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Hamilton :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 470 King St W

Based on available 3rd party data

$9591

Approximate costs per month

Mortgage
$7456 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$2000 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker IPRO REALTY LTD.
Data Source: TRREB

Payment calculator

$9456 monthly. In association with: TD Bank
%
  • Principal and Interest
    7456 /mo
  • Property Taxes
    $2000 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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