About 249-255 King Street E
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.
Features of 249-255 King Street E
| MLS® # | 40818294 |
|---|---|
| Price | $2,250,000 |
| Acres | 0.13 |
| Type | Commercial Sale |
| Sub-Type | Building and Land |
| Status | Active |
Community Information
| Address | 249-255 King Street E |
|---|---|
| Area | 14 - Hamilton Centre |
| Subdivision | 140 - Beasley |
| City | Hamilton |
| County | Hamilton |
| Province | ON |
| Postal Code | L8N 1B9 |
Amenities
| Is Waterfront | No |
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Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | None |
Exterior
| Lot Description | Rectangular, Business Centre, City Lot, High Traffic Area, Public Transit, Schools |
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Additional Information
| Date Last Updated | September 1st, 2026 |
|---|---|
| Zoning | D2 |
Listing Details
| Office | City Brokerage |
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