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$850,000
Hamilton
593-595 King Street East, Hamilton (Landsdale), Ontario, L8N1E4
This 2-bedroom, 3-bathroom home in Hamilton is for sale offering roughly 4,250 sq ft of space. It has been on the market 29 days, fresher than the Hamilton average of 70 days.
Attn: Artists, Musicians, Writers, Work From Home People, The character and layout at 593 & 595 King Street E, Hamilton, lend themselves naturally to a creative live/work angle. Between the 3,744 sq. ft. floor plan, soaring tin ceilings, exposed brick, and existing commercial/residential rental income, this setup suits painters, sculptors, and musicians seeking dedicated workspace subsidized by passive rent. Exceptional mixed-use opportunity in one of Hamilton's most sought-after neighbourhoods, perfectly positioned along the upcoming LRT line. 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. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 29 days on market, against an average age of 70 days across the listings currently for sale in this city
This 2-bed single family 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.
Approximate location — exact address confirmed upon showing
This home lists at $850,000, about 15.5× the local median household income of $54,800.
Carrying it typically needs a household income of about $166,035 (20% down, 25-yr amortization, stress-tested) — roughly 203% above the area median.
Source: Statistics Canada, 2021 Census (FSA L8N)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.