$1,489,000
( $268.58Per Sq Foot )
 $7,993 est/mo Sourced by Back At You

571-575 King Street E,Hamilton, ON L8L5N3

Hamilton, ON L8L5N3

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Description

Significantly renovated mixed-use investment property on Hamilton's future LRT corridor! Offering 5,544 sq. ft. above grade, this exceptionally well-maintained, two-storey building underwent an extensive, near-total renovation in 2019-2020 and features three 1-bedroom residential apartments and three ground-floor retail storefronts, two of which are currently combined into one commercial unit. A full, usable basement provides substantial additional storage, while a rear fire escape adds further functionality. Offered at an attractive 6.2% cap rate, reflecting the significant capital investment already undertaken, this is an opportunity to acquire a substantially improved asset with diversified residential and commercial income. Situated on King Street East, directly along the planned Hamilton LRT route, the property is exceptionally well positioned to benefit from future transit investment, neighbourhood revitalization, and long-term growth. An appealing opportunity for investors seeking quality construction, current income, and meaningful future upside. (id:13843)

Details

MLS #40872439
Listing TypeFor Sale
StyleResidential Commercial Mix
StatusActive
Days On Site10
Listing Provided ByCorcoran Horizon Realty | Martinus Dominicus Geleynse

Features

SQ Feet5,544
BasementY
Story(s)2
ZoningTOC1

Interior

Fireplace Yes / NoNo

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount11553

Area Information

ProvinceON
CityHamilton
Postal CodeL8L5N3
Community Name141 Landsdale
Listing VS Median (in 141 Landsdale)
Price:
$1,489,000
low | high
Med:
$5,995
100% of Average
sqft:
5,544
low | high
Med:
2,955
96.699134199134% of Average
$ / sqft:
$269
low | high
Med:
$2
100% of Average
On site:
10
low | high
Med:
143
6.993006993007% of Average
Sourced by Back At You

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Learn More About This Property

Victoria Jodoin

Victoria Jodoin

Sutton Group - Masters Realty Inc., Brokerage

REALTOR® (613) 328-4708vjodoin@sutton.com
ProvinceON
CityHamilton
Postal CodeL8L5N3
Community Name141 Landsdale
Listing VS Median (in 141 Landsdale)
Price:
$1,489,000
low | high
Med:
$5,995
100% of Average
sqft:
5,544
low | high
Med:
2,955
96.699134199134% of Average
$ / sqft:
$269
low | high
Med:
$2
100% of Average
On site:
10
low | high
Med:
143
6.993006993007% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.116M - $1.861M
sqft: 4,000 - 6,500
Nearby Listings Property ImageNearby Listings Details
455 KING WILLIAM STREET Property Photo 1
$1,299,000
455 King William Street
Hamilton (landsdale), ON L8L1R1
Listing Updated: October 21, 2026 at 5:24:27 PM PDT

Victoria Jodoin, REALTOR®

101-705 Arlington Park Pl.
Kingston, ON K7M7E4
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Victoria Jodoin  |  
Sutton Group - Masters Realty Inc Brokerage - Kingston - 101-705 Arlington Park Pl., Kingston, ON K7M7E4

The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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