249-255 King Street E Hamilton, Ontario L8N 1B9
$2,250,000
Turnkey mixed-use investment opportunity in the heart of downtown Hamilton. Situated on a prominent corner at King St E and Ferguson Ave N, this fully tenanted asset offers a blend of stable residential income and high-exposure commercial frontage. The property features two ground-floor commercial units and six residential apartments (1- and 2-bedroom units). Fully leased at market rents with a favourable tenant structure, providing consistent cash flow from a diversified income base. Located in a high-traffic, rapidly evolving corridor with excellent walkability and transit access, this is an ideal opportunity for investors seeking a stable, long-term asset in a prime urban location. (id:63476)
Property Details
| MLS® Number | 40818294 |
| Property Type | Retail |
| Amenities Near By | Public Transit, Schools |
| Community Features | High Traffic Area |
| Features | Southern Exposure |
Building
| Basement Type | None |
| Stories Total | 3 |
| Size Exterior | 8852.0000 |
| Size Interior | 8,852 Sqft |
| Type | Commercial Apartment |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | 0.13 |
| Size Total | 0.13 Ac|under 1/2 Acre |
| Size Total Text | 0.13 Ac|under 1/2 Acre |
| Zoning Description | D2 |
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July 22 2026 10:00:37
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