Address
413 - 415 King Street W, Hamilton, ON
Price
$ 1,499,999
Property Attributes
- ID#X13450158
- TypeCommercial
- Listing Status New
- CityHamilton
- AreaStrathcona
- NeighbourhoodStrathcona
- Postal CodeL8P 1B5
- StyleInvestment
- Taxes$ 8875
- Price$ 1,499,999
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5300
- Lot Size6490.63 Acres
Data Source:
Toronto Real Estate Board (TRREB)
Property 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.
| Price History | |
|---|---|
| 6/16/2026 | Listed $1,499,999 |
General Features
| Cooling | No |
|---|---|
| Utilities | Yes |
| Heater Type | Gas Forced Air Closed |
| Property Subtype | Investment |
| Tax Year | 2026 |
| Lot Depth | 133.5 |
| County | Hamilton |
| New Construction | No |
| Property Type | Commercial |
| Attached Garage | No |
| Garage Y/N | No |
| Status | New |
| City | Hamilton |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 8875.0 |
| Virtual Tour | https://homes.motionstudio.ca/listings/V8jjypZKbBwHKfiJABsP/website/basic/unbranded |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Elevator? | No |
Exterior Features
| Garage Type | None |
|---|---|
| Spa | No |
| Building Area Total | 5300.0 |
| Lot Size Source | MPAC |
| Waterfront Y/N | No |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in L8P 1B5
Price
Taxes
Visits
In The Neighbourhood
Hamilton
$ 12,250,000
243 Queen Street N
Hamilton, ON L8R3N6
- Type
- Commercial
- Size
- 80,939 SqFt
Listed by: REAL BROKER ONTARIO LTD.
Hamilton
$ 3,000
3 - 135 James Street N
Hamilton, ON L8R2K8
- Type
- Commercial
- Size
- 2,456 SqFt
Listed by: RE/MAX PRESIDENT REALTY
Hamilton
$ 2,000
2 - 135 James Street N
Hamilton, ON L8R2K8
- Type
- Commercial
- Size
- 761 SqFt
Listed by: RE/MAX PRESIDENT REALTY
Hamilton
$ 2,300
1 - 135 James Street N
Hamilton, ON L8R2K8
- Type
- Commercial
- Size
- 752 SqFt
Listed by: RE/MAX PRESIDENT REALTY
Hamilton (Strathcona)
$ 450
Upper Floor Units - 435 York Boulevard
Hamilton (strathcona), ON L8R3K3
- Type
- Commercial
- Size
- 80 SqFt
Listed by: Corcoran Horizon Realty
Hamilton (Strathcona)
$ 6,000
300 York Boulevard
Hamilton (strathcona), ON L8R3K6
- Type
- Commercial
- Size
- 4,168 SqFt
Listed by: Corcoran Horizon Realty
Hamilton
$ 12
358 Main Street W
Hamilton, ON L8P1K2
- Type
- Commercial
- Size
- 2,871 SqFt
Listed by: REMAX YOUR COMMUNITY REALTY
Hamilton
$ 2,500
428 King Street W
Hamilton, ON L8P1B7
- Type
- Commercial
- Size
- 1,728 SqFt
Listed by: Royal LePage Real Estate Associates
Hamilton
$ 799,000
428 King Street W
Hamilton, ON L8P1B7
- Type
- Commercial
- Size
- 3,290 SqFt
Listed by: Royal LePage Real Estate Associates
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Data provided by the Ontario Regional Technology & Information Systems. The information is deemed reliable, but is not guaranteed. Not intended to solicit buyers or sellers, landlords or tenants currently under contract.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating