For Sale · Retail

223-225 KING STREET E, Hamilton (Beasley)

223-225 KING STREET E, Hamilton (Beasley), ON L8N1B6

$999,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

91%

About this property

An exceptional mixed-use investment opportunity in the heart of Hamilton. This well-positioned property features two prominent street-facing commercial units, complemented by two spacious and well-appointed residential suites. Each residence offers 3+1 bedrooms, two bathrooms, hardwood flooring, generous principal rooms, and large windows providing an abundance of natural light.Strategically located in a high-traffic area with excellent street exposure and convenient access to transit, shopping, dining, and everyday amenities. Offering a versatile mix of commercial and residential space, this property presents an excellent opportunity for investors seeking stable income, long-term appreciation, and future value-add potential in Hamilton's evolving urban core. All Pics have been AI Enhanced. (As is ) (id:66811)

Financial sandbox

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Estimate
Purchase price$999K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$57K

Annual cash flow

$2K

Cash-on-cash

0.67%

DSCR

1.04

Going-in cap

5.74%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

52,618

Households

24,633

Median income

$93,000

Median age

41.9

Daytime population

67,753

5-yr growth

6.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 223-225 KING STREET E, Hamilton (Beasley).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.