$799,000
453 KING Street E
Beds
—
Baths
—
Sqft
4,502
Year
1890
Type
Other
Suite
Investment signal
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
This purpose-built, three-unit mixed-use property, including two spacious two-bedroom residential suites and one ground-floor commercial unit, offers a strong investment opportunity in a high-exposure location. Situated along a busy commercial corridor just steps from downtown Hamilton, the property benefits from excellent visibility, foot traffic, and strong surrounding amenities. The building features efficient, well-designed layouts with generous square footage, high ceilings, and large windows that allow for abundant natural light. Its flexible configuration and permitted uses make it suitable for a wide range of investors and potential end-users. This offering presents a compelling opportunity to acquire a mixed-use asset and future upside through rental optimization in an evolving urban corridor. (id:65958)
- Subtype
- Other
- Community
- 141 - Landsdale
- Common interest
- Freehold
- Living area
- 4,502 square feet
- Lot size
- 0.04 acres
- Lot dimensions
- 0.036
- Parking
- 2 total
- Stories
- 3
- On market
- Apr 28, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $7,000
- Zoning
- TOC1
- Photos
- 3
- MLS#
- 40825072
- Area
- HAMILTON
Features and systems
Basement
Exterior
Foundation
Lot
Community
Utilities
Cash on cash
-6.64%
Cap rate
3.54%
GRM
16.6
Break-even rent
$4,930
Financing
Operating expenses (monthly)
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.
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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.