$2,250,000
( $254.18Per Sq Foot )
 $12,078 est/mo Sourced by Back At You

249-255 King Street E,Hamilton, ON L8N 1B9

Hamilton, ON L8N 1B9

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Description

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.

Details

MLS #40818294
Listing TypeFor Sale
StyleApartment,retail
Sub-TypeResale
StatusActive
Days On Site173
Listing Provided ByCity Brokerage | Bianca Marijan

Features

SQ Feet8,852
Story(s)3
ZoningD2
Acreage0.13

Interior

Cooling Yes / NoNo

Exterior

Lot FeaturesRectangular, Business Centre, City Lot, High Traffic Area, Public Transit, Schools

Utilities

SewerSewer (Municipal)

Taxes

Tax Annual Amount23356.95

Area Information

ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8N 1B9
Area14 Hamilton Centre
Subarea140 Beasley
Community Name140 Beasley
Listing VS Median (in 140 Beasley)
Price:
$2,250,000
low | high
Med:
$3,000
100% of Average
sqft:
8,852
low | high
Med:
3,000
100% of Average
$ / sqft:
$254
low | high
Med:
$1
100% of Average
On site:
173
low | high
Med:
139
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyHamilton
CityHamilton
Postal CodeL8N 1B9
Area14 Hamilton Centre
Subarea140 Beasley
Community Name140 Beasley
Listing VS Median (in 140 Beasley)
Price:
$2,250,000
low | high
Med:
$3,000
100% of Average
sqft:
8,852
low | high
Med:
3,000
100% of Average
$ / sqft:
$254
low | high
Med:
$1
100% of Average
On site:
173
low | high
Med:
139
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.687M - $2.812M
sqft: 6,500 - 11,000
Nearby Listings Property ImageNearby Listings Details
267-277 King William Street Property Photo 1
$2,550,000
267-277 King William Street
Hamilton, ON L8L 1N9
33 Bowen Street Property Photo 1
$2,699,900
33 Bowen Street
Hamilton, ON L8N 3Y6
Listing Updated: September 29, 2026 at 3:40:52 AM PDT