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.
| MLS # | 40818294 |
|---|---|
| Listing Type | For Sale |
| Style | Apartment,retail |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 173 |
| Listing Provided By | City Brokerage | Bianca Marijan |
| SQ Feet | 8,852 |
|---|---|
| Story(s) | 3 |
| Zoning | D2 |
| Acreage | 0.13 |
| Cooling Yes / No | No |
|---|
| Lot Features | Rectangular, Business Centre, City Lot, High Traffic Area, Public Transit, Schools |
|---|
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 23356.95 |
|---|
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 1B9 |
| Area | 14 Hamilton Centre |
| Subarea | 140 Beasley |
| Community Name | 140 Beasley |
| Listing VS Median (in 140 Beasley) | |
Price: $2,250,000 low | high Med: $3,000 sqft: 8,852 low | high Med: 3,000 $ / sqft: $254 low | high Med: $1 On site: 173 low | high Med: 139 | |
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L8N 1B9 |
| Area | 14 Hamilton Centre |
| Subarea | 140 Beasley |
| Community Name | 140 Beasley |
| Listing VS Median (in 140 Beasley) | |
Price: $2,250,000 low | high Med: $3,000 sqft: 8,852 low | high Med: 3,000 $ / sqft: $254 low | high Med: $1 On site: 173 low | high Med: 139 | |