$4,950,000
FOR SALE

Investment

Lot: 60 x 100 ftTotal Area: 12,900 ft2
2023 Taxes: $43,505.67

1048 King St W
Hamilton, ON L8S 1L5 | Westdale

LOCATION, LOCATION, LOCATION. This Impressive and Stunning 12 Unit, Mixed Use Investment Building is situated in the Heart of Hamilton's sought after Westdale Community. FEATURES; 4 Retail/Office units on the main floor separated by a center hallway, 4 Luxurious and fully furnished apartments on second floor, plus a fully finished basement with 4 more retail/ office units. All the units are fully rented providing a Gross Income of 397K annually supporting a Capitalization rate of 6.5%. This is an Absolute Must See. R.S.A
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Listed By RE/MAX ESCARPMENT REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8247916
Last Updated Apr 27, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Category Apartment
PIN 174630280
Legal Description LOT 503 PLAN 649; PT LOT 504 PLAN 649, AS IN VM222628 ; HAMILTON
Occupancy Tenant
Possession Date Immediate
Taxes (2023) $43,505.67
Tax Type Annual
Assessment (2024) $1,334,000
Directions/Cross Streets Newton & Paisley
Neighbourhood Westdale
Area Hamilton
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Bathrooms 11
Lot 60 x 100 ft
Retail Area 8,500 ft2
Total Area 12,900 ft2
Approximate Age 51-99
Elevator None
Air Conditioning Y
Basement Y
Garage Type Outside/Surface
Parking Spaces 4
Amps 400
Volts 600
Heat Type Gas Forced Air Closd
% Building 100
Outside Storage N
Area Influences Public Transit
Soil Test N
Sewers San+Storm
Utilities Y
Water Municipal
Clear Height 9 feet
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning C5a
Seller Property Info Statement N

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