




1/6185-187 KING STREET E, Hamilton (Beasley), ON L8N1B3
$1.8M total
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Asset Class
Retail
Size
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Building class
A
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
93%
Exceptional three-storey mixed-use investment property featuring two prominent street-level retail storefronts and four well-appointed residential units above. The property offers separately metered gas and hydro, with tenants responsible for their own utilities, helping to streamline operating expenses and enhance overall efficiency.All units benefit from convenient front and rear access, while the commercial component includes a long-established retail tenant, providing additional income stability. With a strong income profile, diversified residential and commercial revenue streams, and desirable downtown exposure, this property represents an excellent opportunity for investors seeking stable cash flow, long-term value, and a quality addition to their real estate portfolio. ( As is). All pics have been AI enhanced (id:66811)
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Monthly debt service
$8K
Projected NOI
$105K
Annual cash flow
$5K
Cash-on-cash
1.01%
DSCR
1.05
Going-in cap
5.84%
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.
Trade area within 3 miles of the property.
Population
105,658
Households
44,961
Median income
$130,000
Median age
36.5
Daytime population
146,857
5-yr growth
7.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 185-187 KING STREET E, Hamilton (Beasley).
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.