$1,999,000
14.61 BTC
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470 King Street, Hamilton
$1,999,000
PRICE
4
BEDROOMS
7
BATHROOMS
X12002893
MLSID

470 King Street, Hamilton

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
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Summary

Address
470 King Street
Community
MLSID
X12002893
Property Type
Store W Apt/Office
Property Category
Bedrooms
4
Bathrooms
7
Kitchens
5
Taxes (Annual)
$24,000.00
Tax Year
2024
Published
March 5, 2025
Days on Market
109 Days
Possession Type
Flexible
Possession Details
Tba
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Inclusions

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

Exclusions

Tenants belongings.

Details

Security Features
Carbon Monoxide Detectors, Smoke Detector
Bathroom 1
3-Piece Second Level
Bathroom 2
2-Piece Ground Level
Parking Spaces
5
Parking Total
5
Architectural Style
2-Storey
Lot Width
66 Feet
Lot Depth
94 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with IPRO REALTY LTD.
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Date
Time
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