$1,999,000
835 KING STREET E
Beds
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Baths
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Sqft
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Year
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Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Hamilton (Gibson). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Turnkey Mixed-Use Investment - 10 Doors. Exceptional opportunity to acquire a fully renovated mixed-use asset consisting of 6 residential units and 4 street-front commercial units. The residential component was completely gutted and rebuilt in 2019, with extensive upgrades including new windows, doors, kitchens, bathrooms, flooring, appliances, and independent HVAC systems for each unit, significantly reducing future capital requirements. The property spans approximately 11,696 square feet across a three-storey structure. The commercial component offers roughly 4,406 square feet of leasable space across four storefront units, each with basement access, while the residential portion totals approximately 7,290 square feet of gross floor area. This asset provides diversified income across ten units, combining stable residential demand with highly visible street-level retail exposure along King Street East. Additional features include on-site parking and individually metered utilities, with tenants responsible for their own hydro and gas, helping maintain strong operating margins. Positioned along the future Hamilton LRT corridor, the property benefits from a major infrastructure investment that is expected to enhance long-term desirability, tenant demand, and property values along the corridor. A rare opportunity to acquire a renovated, income-producing 10-unit mixed-use building in a rapidly evolving urban corridor with both current cash flow and long-term appreciation potential. (id:65958)
- Subtype
- Retail
- Community
- Gibson
- Living area
- 11,696 square feet
- Lot dimensions
- 80 x 70 FT
- Parking
- 1 total
- On market
- Mar 28, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $19,403 (2025)
- Zoning
- TOC3
- Photos
- 17
- MLS#
- X12931278
- Area
- HAMILTON_(GIBSON)
Features and systems
Heating
Cooling
Lot
Cash on cash
-6.30%
Cap rate
3.60%
GRM
16.7
Break-even rent
$12,208
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.
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 21, 2026.