About 216-218 King Street E
Excellent mixed-use investment opportunity in the heart of downtown Hamilton. This income-producing property features 2 fully leased ground-floor retail units generating a combined $4,300/month, plus 2 vacant 1-bed, 1-bath loft-style residential units, each with a private balcony overlooking vibrant King St. E, ready to be leased at today's market rents. An additional third residential unit offers excellent value-add potential and awaits restoration, providing an opportunity to further increase income through renovation. All 4 existing units are separately metered, allowing for efficient utility management. The property also offers rear parking and is ideally located close to public transit, shopping, restaurants, and the ongoing growth and revitalization of Hamilton's downtown core. A rare opportunity to acquire a well-located mixed-use asset with immediate commercial income, vacant residential units ready for lease-up, and future upside through renovation and increased rental potential.
Features of 216-218 King Street E
| MLS® # | 40844755 |
|---|---|
| Price | $1,900,000 |
| Type | Commercial Sale |
| Sub-Type | Building Only |
| Status | Active |
Community Information
| Address | 216-218 King Street E |
|---|---|
| Area | 14 - Hamilton Centre |
| Subdivision | 140 - Beasley |
| City | Hamilton |
| County | Hamilton |
| Province | ON |
| Postal Code | L8N 1B5 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | Partial |
Exterior
| Lot Description | City Lot, High Traffic Area, Public Transit, Other |
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Additional Information
| Date Last Updated | September 1st, 2026 |
|---|---|
| Zoning | D2 |
Listing Details
| Office | RE/MAX Escarpment Golfi Realty Inc. |
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