$998,000

For sale

593-595 King Street, Hamilton (Landsdale) - Retail for Sale

593-595 King Street, Hamilton (Landsdale), Ontario, L8N1E4

4 baths5 parking5,656 ft²Listed 29 days ago

Overview

This retail property in Hamilton is for sale offering roughly 5,656 sq ft of space. It has been on the market 29 days, fresher than the Hamilton average of 70 days.

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Description

Exceptional mixed-use opportunity in one of Hamilton's most sought-after neighbourhoods, perfectly positioned along the upcoming LRT line. This versatile property offers both commercial and residential potential, currently generating steady income from a main-floor commercial unit (Barbershop for 16yrs) and a tenanted upper-level apartment. Situated on a generous lot with a separate rear apartment, the property also features a massive deck, ideal for outdoor living or entertaining, along with private laneway parking. Fronting onto King Street East, this is a rare chance to invest in a high-visibility corridor surrounded by excellent highway access and a vibrant, ever-growing restaurant scene. Whether you're an investor or looking to live in style, this property is a must see and truly one of a kind! (id:66096)

Property Details

MLS®: X13865910
Property Type: Retail
Zoning: TOC1
Bathrooms: 4
Parking: 5
Interior Size: 5,656 ft²
Frontage: 39 ft
Building Area: 5,656 ft²
Heating: Forced air, Natural gas
Cooling: Partially air conditioned, Fully air conditioned
Property Tax: $4,498.21/yr
Listed: 29 days ago

Features

Appliances: Dishwasher, Oven, Dryer, Microwave, Window Coverings, Two Washers

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Hamilton (Landsdale) listings, avg age

70d

Price / ft²

$176

List price

$998K

Haho

This retail in Hamilton (Landsdale) has been listed for 29 days, which is 41 days fresher than the city average of 70. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · CHRIS MAYNARD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L8N)

This home lists at $998,000, about 18.2× the local median household income of $54,800.

Carrying it typically needs a household income of about $194,944 (20% down, 25-yr amortization, stress-tested) — roughly 256% above the area median.

Median household income: $54,800
Population: 15,568
Median age: 36.8
Owner / renter: 26% / 75%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA L8N)

$998,000· $176/ft²

For sale

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Financing

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