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249-255 King Street E Hamilton, Ontario L8N 1B9

8852 sqft

$2,250,000

Turnkey mixed-use investment opportunity in the heart of downtown Hamilton. Situated on a prominent corner at King St E and Ferguson Ave N, this fully tenanted asset offers a blend of stable residential income and high-exposure commercial frontage. The property features two ground-floor commercial units and six residential apartments (1- and 2-bedroom units). Fully leased at market rents with a favourable tenant structure, providing consistent cash flow from a diversified income base. Located in a high-traffic, rapidly evolving corridor with excellent walkability and transit access, this is an ideal opportunity for investors seeking a stable, long-term asset in a prime urban location. (id:61499)

Property Details

MLS® Number 40818294
Property Type Retail
AmenitiesNearBy Public Transit, Schools
CommunityFeatures High Traffic Area
Features Southern Exposure

Building

BasementType None
StoriesTotal 3
SizeExterior 8852.0000
SizeInterior 8852 Sqft
Type Commercial Apartment
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 100 Ft
SizeFrontage 60 Ft
SizeIrregular 0.13
SizeTotal 0.13 Ac|under 1/2 Acre
SizeTotalText 0.13 Ac|under 1/2 Acre
ZoningDescription D2

https://www.realtor.ca/real-estate/29622520/249-255-king-street-e-hamilton

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Bianca Marijan
Broker of Record


City Brokerage
793 Main Street East
Hamilton, Ontario L8M 1L5

Sarah Dancula
Salesperson


City Brokerage
793 Main Street East
Hamilton, Ontario L8M 1L5

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