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Sanjiv Puri

Broker
Ipro Realty Ltd., Brokerage Independently owned and operated. 503-55 City Centre Dr., Mississauga, Ontario L5B1M7 Cell: 647-295-5501Office: 905-268-1000Fax: 905-277-0020

$2,299,000
Available - For Sale
Listing ID: X12116380
835 King Stre East , Hamilton, L8M 1B1, Hamilton


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.
Price $2,299,000
Taxes: $18600.00
Occupancy: Tenant
Address: 835 King Stre East , Hamilton, L8M 1B1, Hamilton
Directions/Cross Streets: Holton Ave. N./King St. E.
Rooms: 26
Bedrooms: 17
Bedrooms +: 0
Family Room: F
Basement: Unfinished
Washroom Type No. of Pieces Level
Washroom Type 1 2 Ground
Washroom Type 2 4 Second
Washroom Type 3 4 Third
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 5000 +
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Other
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
IPRO REALTY LTD.
Personal Picture
Sanjiv Puri
Broker
Dir:
647-295-5501
Bus:
905-268-1000
Fax:
905-277-0020
 
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At a Glance:
Type: Freehold - Multiplex
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Gibson
Style: 3-Storey
Lot Size: x 80.00(Feet)
Approximate Age:
Tax: $18,600
Maintenance Fee: $0
Beds: 17
Baths: 10
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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