Exceptional investment opportunity with this fully leased live/work property in a prime high-traffic area of east-end Hamilton. This freestanding high-visibility corner building features approximately 1,400 sq. ft. of commercial space on the main floor with 11ft high ceilings and an additional 1,400 sq. ft. second-floor residential apartment and a basement. Zoned C2, the property supports a wide range of commercial uses including office/retail/business uses. The main-floor retail tenant pays $2,700/month with 2 years remaining on a 5-year lease, while the upper-level 3-bedroom, 1-bath apartment has been leased for 3 years at $2,175.25/month. The basement and second garage are currently being used by the Owner and not part of the leased units. Total monthly income of $4,775 generates $57,300 annually, with Upper Level tenant willing to stay. Attached garage with storeage/loading dock access loading zone.Excellent exposure, public transit at the doorstep, ample street parking, and quick access to the Red Hill Valley Parkway and QEW make this a strong, turnkey income-producing asset. (id:47421)
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Detailed Information
Bedrooms
3
Bathrooms
2
Lot
40 x 99 ft
Listing Contract Date
2026-02-14
Location Description
King St E / Ottawa St E
# of Parking Spaces
2
Property Type
Single Family
Transaction Type
For sale
Zoning Description
C2
Building
Appliances
Garage door opener remote(s), Water Heater, Dryer, Garage door opener, Hood Fan, Washer
Basement Type
Full
Cooling Type
Central air conditioning
Exterior Finish
Brick, Stucco
Foundation Type
Concrete
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Residential Commercial Mix
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Garage
Land
Total Size
40 x 99 FT
Size of Irregular Land
40 x 99 FT
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