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249-255 KING Street E — photo 1 of 41 / 4

249-255 KING Street E

Hamilton, Ontario, L8N1B9

$2,250,000

Living area

8,852 square feet

Lot size

0 acres

About this property

Turnkey mixed-use investment opportunity in the heart of downtown Hamilton. Situated on a prominent corner at King St E and Ferguson Ave N, this fully tenanted asset offers a blend of stable residential income and high-exposure commercial frontage. The property features two ground-floor commercial units and six residential apartments (1- and 2-bedroom units). Fully leased at market rents with a favourable tenant structure, providing consistent cash flow from a diversified income base. Located in a high-traffic, rapidly evolving corridor with excellent walkability and transit access, this is an ideal opportunity for investors seeking a stable, long-term asset in a prime urban location. (id:66779)

Details

Sewer
Municipal sewage system
List aor
Cornerstone
Stories
3
Basement
None
Directions
On the corner of King Street E and Ferguson Avenue N.
Fireplace
No
Lot features
Southern exposure
Water source
Municipal water
Structure type
Commercial Apartment
Tax annual amount
23,356.95
Community features
High Traffic Area
Lot size dimensions
0.13
Zoning description
D2

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