ON > Hamilton > Strathcona
Hamilton, ON L8P 1B7,470 King ST W
Hamilton, ON L8P 1B7,470 King ST W
Hamilton, ON L8P 1B7,470 King ST W
Hamilton, ON L8P 1B7,470 King ST W
Hamilton, ON L8P 1B7,470 King ST W
Hamilton, ON L8P 1B7,470 King ST W
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Jim Mattice

Jim Mattice

+1(613) 581-7469
$ 1,999,000
Est. payment | /mo

4 Beds

7 Baths

Save
$ 1,999,000
Est. payment | /mo
Save

4 Beds

7 Baths

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Strathcona

MLS Listing ID X12002893

Style 2-Storey

Bedrooms 4

Annual Tax Amount $24,000

Tax Year 2024

Property Sub-Type Store W Apt/Office

Property Description

This exceptional mixed-use property is located on the future LRT, offers both commercial and residential opportunities in a prime downtown location. Situated at the corner of King and Locke, the building includes a ground-floor commercial space currently home to Hamilton's renowned steakhouse, Victorias, as well as four spacious residential units above with separate meters. The main-level commercial space features a spacious dining area, private dining room, bar area, a fully equipped kitchen, and four bathrooms. Its central location ensures high visibility and significant foot traffic. The residential units provide bright and airy living spaces, with kitchens boasting upgraded cabinetry and countertops in most, and renovated bathrooms (2018). The property's strategic location offers easy access to Hamilton's vibrant downtown, public transit, and major highways. Residents will enjoy proximity to local parks, schools, shopping, and dining, while business owners will benefit from the thriving community and ongoing urban development. Additional amenities include parking for both commercial and residential tenants, a well-maintained exterior, and secure entry. Whether you are looking to expand your real estate portfolio or invest in a property with diverse income potential, 470 King St W presents a rare and valuable opportunity. Current NOI of $105k Projected NOI of $115k

Location

Province ON

County Hamilton

Community Strathcona

Area Hamilton

Rooms

Family Room No

Basement Partially Finished, Unfinished

Kitchen 5

Interior

Interior Features Separate Hydro Meter

Cooling Central Air

Inclusions Disclosure * a few square feet were bought by Metrolinx for an LRT stop at the corner of the property* See survey attached.

Exterior

Pool None

Roof Type Shingles,Asphalt Shingle,Asphalt Rolled

Lot Frontage 66.0

Lot Depth 93.67

Total Parking Spaces 5

Building

Foundation Concrete Block, Poured Concrete, Unknown

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by IPRO REALTY LTD.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(613) 581-7469

jim@surehome.ca

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470 King ST W