477 King St E

Hamilton | Landsdale | L8N 1C7
  • 17491.0 sqft
  • 0 gar

$4,750,000

Est. Mtg $16,106 /mo
  • Days on market

    32

  • Status

    A

Listing Broker STONEBANK REAL ESTATE LTD.
Since listed: 1 views

Home details

MLS #:

X9506768

Property type:
Investment
Style:
Taxes:
$60,972
Possession:
Flexible
Condo Fee:
Lot Size:
130.0 X 143.0
Zoning:
TOC1
Use:
Heat:
Gas Hot Water

Description


477 King St E, , Hamilton, Ontario is a Investment property in Hamilton and in the Landsdale community in the L8N 1C7 postal code


Attractive 6% Cap Rate on existing income with potential near 8.5% CAP once other half of commercial is leased! 16 residential modernized suites (15 2BR plus 1 3BR), plus 8 retail spaces on main level. A+ location in Downtown Hamilton, approximately 1KM from Hamilton GO station. Property has been well renovated with newer roof (2014), newer windows (2019), and 15 residential suites renovated. Low operational costs with tenants paying for their own hydro. Immediate strong return with readily available, significant upside! Full details available..

Extras

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Payment calculator

$21187 monthly. In association with: TD Bank
%
  • Principal and Interest
    16106 /mo
  • Property Taxes
    $5081 /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

Luis Serrano, Realtor

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