470 King Street W, Hamilton, ON

$1,999,000

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4

Beds

7

Baths

5,000

Square feet

About 470 King Street W

This exceptional mixed-use property is located on the future LRT, offers both commercial and residential opportunities in a prime downtown location. Situated at the corner of King and Locke, the building includes a ground-floor commercial space currently home to Hamilton's renowned steakhouse, Victorias, as well as four spacious residential units above with separate meters. The main-level commercial space features a spacious dining area, private dining room, bar area, a fully equipped kitchen, and four bathrooms. Its central location ensures high visibility and significant foot traffic. The residential units provide bright and airy living spaces, with kitchens boasting upgraded cabinetry and countertops in most, and renovated bathrooms (2018). The property's strategic location offers easy access to Hamilton's vibrant downtown, public transit, and major highways. Residents will enjoy proximity to local parks, schools, shopping, and dining, while business owners will benefit from the thriving community and ongoing urban development. Additional amenities include parking for both commercial and residential tenants, a well-maintained exterior, and secure entry. Whether you are looking to expand your real estate portfolio or invest in a property with diverse income potential, 470 King St W presents a rare and valuable opportunity. Current NOI of $105k Projected NOI of $115k

Features of 470 King Street W

MLS® # X12002893
Price $1,999,000
Bedrooms 4
Bathrooms 7.00
Square Footage 5,000
Acres 0.00
Type Residential
Style 2-Storey
Status Active

Community Information

Address 470 King Street W
Area Hamilton
Subdivision Strathcona
City Hamilton
Province ON
Postal Code L8P 1B7

Amenities

Parking Spaces 5
# of Garages 0.00
Garages None
Is Waterfront No
Waterfront None
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Basement Partially Finished, Unfinished

Exterior

Exterior Brick

Additional Information

Date Last Updated May 24th, 2025

Listing Details

OfficeIPRO REALTY LTD.

Listing Map

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