Listed price in listed location currency (CAD).
$1,499,999

000

MLS® X13450158

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage None
Taxes $8,875
Days Active 38
Lot Size 6490.63
Approx. Age 
MLS® Number X13450158

Property Address: 413-415 King St W, Hamilton, ON, L8P1B5

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional opportunity to acquire a well-maintained 18-unit income-producing property in one of Hamilton's rapidly evolving downtown corridors. The building comprises 14 shared accommodation units and 4 bachelor suites, generating over $148, 000 in annual gross income with additional upside through future rent growth and operational optimization.Professionally managed and extensively updated, the property features numerous capital improvements, including updated electrical, plumbing, windows, water services, high-efficiency furnaces, upgraded fire safety systems, secure coded entry, high-speed fibre internet, and low-maintenance exterior finishes. Established maintenance and service relationships provide a smooth transition for new ownership.Ideally located on major HSR and GO Transit routes, the property is minutes from Hess Village, Locke Street, Jackson Square, hospitals, parks, restaurants, retail amenities, and Hamilton's downtown core. Its central location supports strong, consistent demand from students, healthcare professionals, and working residents.The surrounding area continues to benefit from significant public and private investment, including new residential developments, hotels, educational facilities, commercial projects, and ongoing downtown revitalization initiatives. The property's proximity to the proposed LRT corridor further strengthens its long-term growth potential.Nearby institutions include McMaster University, Mohawk College, Columbia International College, Brock University's downtown campus, and several healthcare and continuing education facilities, providing access to a deep and stable tenant pool.Offering immediate cash flow, value-add potential, and long-term appreciation prospects, this is a compelling opportunity for investors seeking a strategic asset in a high-growth urban market. Vendor Take-Back (VTB) or private financing may be available for qualified purchasers.
MLS® NumberX13450158
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
HeatGas Forced Air Closed
A/CNo

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 16, 2026List Date
$1,499,999List Price

Home Appraisal

This property is estimated to sell between: $350,000 and $2,075,000.
Similar properties in this area sold on average for: $350,608
Expected to sell in 32 days. Similar properties sold in 70 days. This home has been on eXp Realty for 38 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
413 - 415 King St W, Hamilton, ON

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