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Investment signal

$1,499,950

2328 KING Street E

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Beds

Baths

Sqft

7,136

Year

Type

Other

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Mixed-use investment or Live/Work opportunity! This solid 3-storey brick building is prominently positioned on a high-traffic corner, offering exceptional visibility and high vehicle exposure. The main floor features a well-situated commercial space ideal for retail or professional use, while the additional six residential units provide rental income. Situated seconds from the Red Hill Valley Parkway creating easy access for commercial cliental and residential tenants on a prime Corner in an established area. Roof completed November 2025 (id:65958)

Subtype
Other
Community
240 - Bartonville/Glenview
Common interest
Freehold
Living area
7,136 square feet
Parking
9 total
Stories
3
On market
Feb 18, 2026
Status changed
Apr 27, 2026
Annual tax
$15,140
Zoning
C2
Photos
25
MLS#
40806022
Area
HAMILTON

Features and systems

Basement

None

Exterior

Brick

Lot

Southern exposurePaved driveway
Negative cash flow ~$1,597/mo at these assumptions

Cash on cash

-6.39%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,182

Financing

Down payment$299,990
Loan amount$1,199,960
Mortgage$6,080/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$687
Insurance$80
Maintenance$1,250
CapEx reserve$625
Vacancy loss$375

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $6,080/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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